Investments, M&A & Funding

The agribusiness firm plans to use the funds for debt repayment, investments, and other company needs.

The company plans a major research investment while also testing quantum computing to support future crop science.

The divestiture is part of its ongoing Accelerate strategy to reshape the portfolio and concentrate resources on priority global platforms, including super premium ice cream, Mexican food, snack bars, and pet food, to improve long term profitable growth and raise operating profit margins.

The concept reimagines the classic Spanish tortilla (omelet) by incorporating Lay’s chips as a signature ingredient across menu items and offers the tortilla by the slice (pincho), sandwich, or whole tortilla, with customizable toppings such as Mallorquina (spicy sausage, brie, honey) and Marinera (anchovies and Lay’s).

Both companies describe the 250 TPD project as a strategic milestone in their long-term collaboration and a demonstration of Ocrim’s engineering capabilities in the milling sector.