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Bunge To Sell Mexico Wheat Mills To Grupo Trimex For Undisclosed Sum

  • Bunge Ltd (NYSE: BG) has agreed to sell its seven Mexico wheat mills to Grupo Trimex for an undisclosed sum.
  • Bunge will continue to serve its oil and meal customers in Mexico and will continue to operate its corn mill in Querétaro.
  • “The wheat milling business in Mexico is not fully integrated in the way that is critical to successfully serving our customers in line with our long-term sustainable and strategic goals,” said CEO Greg Heckman.
  • Price Action: BG shares are trading lower by 0.22% at $84.28 on the last check Wednesday.

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