July 2, 2025
Mexico City, July 2, 2025. The acquisition by Grain Craft, LLC (“Grain Craft”) of Molinos Bunge, S.A. de C.V. (“Bunge Mexico”), a Querétaro-based company that, offers products/services such as milling, feed and beverage concentrates, with two leading agribusiness companies Bunge Milling, LLC and Bunge Milling, Inc., successfully closed on July 1, 2025. This strategic acquisition expands Grain Craft’s North American dry corn milling business, including a key presence in Mexico and the addition of approximately 600 team members and six milling facilities across the U.S. and Mexico.
Basham, Ringe y Correa acted as Mexican legal counsel to Grain Craft, providing advisory services throughout the transaction, including conducting due diligence on Bunge Mexico, advising on the transaction structure and assisting in the review and negotiation of the Securities Purchase Agreement (SPA) and related transaction documentation.
Basham also led multidisciplinary legal assessments and provided counsel on various regulatory and transactional matters, including antitrust, foreign investment, insurance, infrastructure and transportation, environmental law, privacy and data protection, intellectual property, real estate, litigation, labor and social security.
Established in 1912, Basham, Ringe y Correa has more than a century of experience assisting clients in Mexico and abroad.
The advisors involved in this transaction were:
| Venable LLP (Counsel for Grain Craft): Nicholas J. Collevecchio Noah T. Holman Maggie M. Risinger Thomas D. Wasburne | Basham (Counsel for Grain Craft): Juan Carlos Serra Pablo Nosti Iván Sánchez Paola Arcos Marina Fernández | Counsel for Bunge Milling, LLC and Bunge Milling, Inc. BCLP Law | Counsel for Bunge Mexico: Galicia Abogados, S.C. |
