Key Takeaways:
- Bunge Global SA completes sale of its North America dry corn and masa milling operations
- Grain Craft adds six milling sites and over 600 employees across U.S. and Mexico
- The acquisition expands Grain Craft’s portfolio into dry corn and masa ingredients
- Strategic move aligns Bunge’s focus toward core global value chain operations
- Acquisition was first announced in April and officially closed on July 1, 2025
Bunge Concludes Divestiture of Corn Milling Assets to Grain Craft
Bunge Global SA (NYSE:BG) has officially completed the sale of its North America dry corn and corn masa milling business to Grain Craft, marking a significant step in its ongoing strategy to sharpen its focus on core operations more closely tied to its global value chains.
The announcement, finalized on July 1, 2025, concludes a transaction that was first disclosed on April 15. The sale includes multiple production facilities in the U.S. and Mexico, notably in Danville, IL; Worthington, IN; Crete, NE; Red Oak, IA; Muleshoe, TX; Atchison, KS; and Querétaro, Mexico.
Grain Craft Expands Capabilities with Corn Milling Integration
As part of the acquisition, Grain Craft—the largest independent wheat flour miller in the U.S.—has added approximately 600 employees and a total of six milling facilities to its operations. The portfolio includes three dry corn mills (Crete, Atchison, Danville) and three masa production sites (Muleshoe, Red Oak, Worthington), along with a transload and packaging facility in Querétaro and a distribution warehouse in Rancho Cucamonga, CA.
“After months of anticipation and preparation, we are excited to officially welcome our new Corn Milling team members to the Grain Craft family,” said Pete Frederick, President and CEO of Grain Craft. “We are looking forward to adding the experience and knowledge of this business to Grain Craft as we enter into providing an even broader spectrum of food ingredients for our customers.”
Strategic Refocus for Bunge Global
For Bunge Global, the decision to exit the corn milling segment reflects a strategic realignment of resources. Julio Garros, Co-President of Agribusiness, explained, “We carefully considered how this regional business fits with our long-term plans and made the strategic decision to focus on other areas of our core business that are more strongly connected to our global value chains.”
The divestiture follows a series of reviews aimed at strengthening Bunge’s alignment with global agribusiness priorities. The company also acknowledged the contributions of its milling workforce during the transition.
