Gruma is set to invest 792 million MDP in a new snack production center and plant expansion in Puebla, Mexico, to enhance its production capabilities and meet growing consumer demand in the snack food sector.
Target Information
Gruma, a leading multinational food company based in Mexico, has announced a significant investment of 792 million Mexican Pesos (MDP) in the construction of a new snack production center and the expansion of its Mission plant located in Puebla. This move is poised to enhance Gruma's production capabilities in the growing snack sector, which has seen increased consumer demand.
Gruma operates through various well-known brands and is recognized for its commitment to quality and innovation in food production. The company's strategic focus on expanding its product range, particularly in the snack segment, aligns with current market trends favoring convenient and on-the-go food options.
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Industry Overview
The snack food industry in Mexico has been experiencing substantial growth, fueled by shifting consumer preferences towards healthier and more diverse snack options. In recent years, local
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Gruma
invested in
New Snacks Production Center
in 2024
in a Other deal
Disclosed details
Transaction Size: $44M