The financing gives the food processing equipment business additional flexibility as it moves toward independence and a more aggressive acquisition-led growth strategy.
The transaction involves Ingredion selling a 51% interest in Rafhan Maize for approximately US$165 million, while maintaining roughly a 20% ownership position to support future collaboration and regional growth.
The inauguration marks a significant expansion of the company’s North American capabilities as it deepens its commitment to collaborative product development across food and beverage, nutraceutical, and pharmaceutical markets.
The collaboration brings together AB Mauri’s expertise in fermentation and bakery ingredients with BAKO’s extensive distribution capabilities.
The milestone marks a significant step forward in decarbonizing industrial bread production.