Gruma, the world’s largest maize flower producer with operations in the US, Europe and South America, has acquired Australian tortilla manufacturer Rositas Investments. The purchase of Rositas cost Gruma AUS$17.6m (US$13.26).

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Rositas Investments, which markets tortillas under the Rositas brand, has registered average annual sales of approximately AUS$22m, the company said.


The purchase, South American reports suggest, is part of Gruma’s recent strategy to expand its presence overseas. Plans are in place for Gruma to open a plant in China, Juan Gonzalez Moreno, president of the company’s Asia-Oceania division told reporters.


 

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.