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Gruma
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Gruma Completed The Acquisition of Azteca Foods Europe
Apr 3, 2015Mexican corn miller and tortilla producer Gruma has acquired the European unit of US-based Azteca Foods in a €45m deal. The acquisition includes all shares and ownership interests representing the capital stock of Azteca Foods ...
Tags: Gruma, wheat products, Food
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Gruma Announces to Invest $50m in a New Plant in Russia, Over The Next Two Years
Dec 17, 2014Mexican corn miller and tortilla producer Gruma has announced plans to invest $50m in a new plant in Russia, over the next two years. Located in the Moscow Region, the new plant will be capable of producing around 31,500 tonnes of corn ...
Tags: tortilla wraps, tortilla, tortilla chips, Agriculture
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Mission Foods Plans to Expand Its Factory in The Coventry Business Park
Dec 3, 2013Mexican food manufacturer Mission Foods plans to expand its factory in the Coventry Business Park by 6,200ft2, while creating more than 50 new job Owned by Mexican food group Gruma, the company manufactures tortillas and wraps for retail ...
Tags: Mission Foods, Manufacturing Plant
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Archer Daniels Midland Company Reported Financial Results for The Quarter Ended 9.30,2013
Oct 31, 2013Archer Daniels Midland Company today reported financial results for the quarter ended Sept. 30, 2013. The company reported adjusted earnings per share1 of $0.46, down from $0.53 in the same period last year. Net earnings for the quarter ...
Tags: Archer Daniels, crop supplies
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Archer Daniels Midland Has Sold Its Stake in Gruma Back to The Mexican Group
Dec 17, 2012US agribusiness Archer Daniels Midland has sold its stake in Gruma back to the Mexican group. Gruma has acquired the 23.2% stake held by ADM, as well as a number of smaller holdings in various subsidiaries. In an announcement on Friday ...
Tags: Mexican Firm, Gruma, ADM, Daniels Midland
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Commodities Giant Archer Daniels Midland Has Booked a Drop in Full-Year Profits
Dec 10, 2012Commodities giant Archer Daniels Midland has booked a drop in full-year profits as record corn prices hit earnings in the fourth quarter. In the three months to the end of June, net profit fell 25% to US$284m, while operating profits slid ...
Tags: corn, corn prices, corn crop