Company Overview
Gruma, known as Gruma, is a Mexican multinational corn flour and tortilla manufacturing company. It is the largest corn flour and tortilla manufacturer in the world. Its brand names include Mission Foods, Maseca, and Guerrero. Gruma is a Sociedad Anónima Bursátil de Capital Variable.
Financial Performance
Gruma reported its net sales and EBITDA growth of 21% and 13% in Q322. Gruma net sales were up 19% in Q222.
Operations and Market Presence
Gruma began operations in Mexico in 1949. Its objective was to modernize the traditional Mexican masa and tortilla industry through an industrial, ecological, and more efficient process. Because of its research, Gruma developed technology that allowed it to position itself as the leader in corn flour and tortilla production.
Gruma is the leader in corn flour and tortilla production worldwide, with operations in United States, Mexico, Central America, Venezuela, and Europe.
Performance Assessment
Gruma ranks 271th in the Food Benchmark, showing weak performance compared to peers across measurement areas. There is room for improvement by disclosing certification of facilities.
Product Range
Gruma is engaged in corn and flour tortilla production across the world. It produces wheat flour, flatbreads, wraps, chapatti, pizza bases, and other food products.
Ownership Information
Gruma is a public company.