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 Grain reported that the sale for an undisclosed amount continues a recent trend by Bunge to optimize its portfolio to focus on core businesses.  Portfolio optimization has been regarded as a top priority of Bunge chief executive officer Greg Heckman who has been at the helm of the American commodity trading giant since 2019.   The plants involved in the transaction are located in Campeche, Mexico City, Acapulco, Guadalupe, Queretaro, Navojoa…

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