Sector News

Mexico’s Gruma acquires tortilla maker for 45 mln euros

April 1, 2015
Food & Drink
(Reuters) – Mexican corn miller and tortilla maker Gruma said on Tuesday its Spanish unit has agreed to pay about 45 million euros ($48.28 million) to acquire the production and sales operations of Fat Taco and Azteca Foods in Spain.
 
Gruma’s shares edged up 0.30 percent to 198.89 pesos shortly after midday. ($1 = 0.9321 euros) (Reporting by Veronica Gomez; Editing by Richard Chang)

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