Benzinga | Oct 13, 2021 02:11PM EDT

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 Quer?taro.

* "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.