Bunge North America, Inc. acquired Minsa Corporation from Grupo Minsa, S.A.B. de C.V. (BMV:MINSA B) for a transaction valued at $75 million.
January 30, 2018
Share
Bunge North America, Inc. acquired Minsa Corporation from Grupo Minsa, S.A.B. de C.V. (BMV:MINSA B) for a transaction valued at $75 million on January 30, 2018. The acquisition includes corn flour mills in Red Oak, Iowa and Muleshoe, Texas. Eugenio Torres from Rothschild Inc. acted as the financial advisor to Bunge North America, Inc. Christian Lippert, Ricardo García, Agustín Quintanilla and Fernando Weihmann of Galicia Abogados acted as legal advisor for Bunge North America in the transaction.
Bunge North America, Inc. completed the acquisition of Minsa Corporation from Grupo Minsa, S.A.B. de C.V. (BMV:MINSA B) on January 30, 2018.
Grupo Minsa SAB de CV is a Mexico-based company, which is principally engaged in the production and sale of corn flour and other related products under the MINSA brand name. The Company owns and operates corn flour plants located in Mexico and the United States. Grupo Minsa SAB de CVâs product portfolio includes all types of corn flour, such as blue, yellow, white and high fiber flour. The Company owns such subsidiaries as: Administracion de Recursos Promin SA de CV, Agroinsumos Campo Fino SA de CV SOFOM ERN, Campo Fino SA de CV, Delisource Alimentos SA de CV, Minoprosa SA de CV, Minsa SA de CV, Ominoprosa SA de CV, Osamin SA de CV, Seradim SA de CV, Servicio Integral de Recursos Lodso SA de CV and Servicios Corporativos Minsa SA de CV.