Mexico
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Bunge to sell Mexico mills to Grupo Trimex as part of portfolio optimization strategy
MEXICO – American agribusiness and food company Bunge has agreed to sell seven Mexican wheat flour mills to Mexico’s largest flour miller Grupo Trimex. World…
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Mexico becomes the latest country to join the International Dairy Federation
BELGIUM – Mexico, the 16th largest producer of milk in the world, has joined the International Dairy Federation(IDF), bolstering the federation’s members and expanding its global reach and influence. …
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Mexican bottler and retailer FEMSA appoints Daniel Rodriguez as CEO
MEXICO – Mexican multinational beverage and retail company Fomento Económico Mexicano, S.A.B. de C.V., doing business as FEMSA has appointed Daniel Rodriguez as CEO, effective January next year. Rodriguez succeeds Eduardo Padilla, who has…
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Diageo to expand presence in artisanal spirits market with acquisition of agave spirits maker Casa UM
MEXIC0 – British multinational alcoholic beverages company Diageo is set to expand its presence in artisanal spirits markets with the acquisition of agave spirits maker Casa UM for…
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Grupo Bimbo posts strong Q2 results, sells AI-focused subsidiary to Mekitec
MEXICO – Mexican multinational baking company Grupo Bimbo has reported strong Q2 results where net sales grew 6.6% driven volume growth in multiple categories, mainly snacks, confectionery, buns…