Gruma is investing 792 million Mexican pesos in a new snack production center and expansion of its Mission plant in Puebla to capitalize on the growing snack food market.
Information on the Target
Gruma is recognized as a leading global company specializing in corn flour and tortilla production. With an extensive portfolio of brands, it is well-regarded for its commitment to quality and sustainability. The company operates several production facilities across various countries, ensuring a robust supply chain to meet the growing demand for its products. In Puebla, Gruma is set to invest 792 million Mexican pesos (MDP) to establish a new snack production center and expand its existing plant, Mission.
This investment in Puebla aims to enhance Gruma's production capabilities and meet increasing consumer demand for snack products. With a focus on innovation and quality, the new center will align with Gruma's strategy to diversify its product offerings and capture a larger market share in the snack food sector.
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Industry Overview in Mexico
The snack food industry in Mexico has been experiencing rapid growth, driven by changing consumer preferences and an increasing inclination towards convenient food opt
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Gruma
invested in
New Snack Production Center
in 2024
in a Other Private Equity deal
Disclosed details
Transaction Size: $42M