Grupo Minsa sells US subsidiary in US$ 75 million deal
Bunge North America, the North American operating arm of Bunge Limited, announced that it has purchased Minsa Corporation, a wholly-owned U.S. subsidiary of Mexican corn miller Grupo Minsa S.A.B. de C.V., valued at US$ 75 million. The acquisition includes corn flour mills in Red Oak, Iowa and Mulesh...
Bacardi acquires Tequila Patrón for US$ 5.1 billion
Bacardi Limited, the largest privately held spirits company in the world, announced today that it is expanding its portfolio of premium spirits with a definitive agreement to acquire 100% ownership of Patrón Spirits International AG and its Patrón brand, the world’s top-selling ultra-premium teq...
Tequila exports on the rise for eighth year in a row
In 2017, Mexico’s tequila exports totaled 211 million liters to more than 120 countries, which represented a growth of 7.1% over the previous year. It was the eighth year of consecutive increases in exports, informed the Tequila Regulatory Council. The organization detailed that the top 10 rankin...
Nestlé to increase production capacity by 30% at cereal plant in Jalisco
Swiss, the world's largest food and beverage company, plans to expand the production capacity of its cereal plant in Lagos de Moreno, Jalisco, during the second half of 2018, company officials revealed to Forbes Mexico. The complex, which supplies the national market, to Central America and the Car...
Constellation Brands relies on Siemens to triple capacity at Coahuila brewery
Through implementations of the industry 4.0 model, German manufacturer Siemens has contributed to Mexico’s impulse to make the fourth biggest beer producer in the world, with more than 110 million hectoliters per year. An example of this is the automation that the German company implemented in th...

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