GPAGF

Operating under the ticker GPAGF, Gruma, S.A.B. de C.V. is a global food company that, through its subsidiaries, specializes in the production and distribution of corn flour, tortillas, and a diverse range of related food products. Its extensive product portfolio encompasses various corn-based staples such as corn flour, grits for snacks, cereals, beer production, and polenta. Gruma also supplies a variety of prepared corn and wheat flours suitable for items like pancakes, cakes, crêpes, brownies, churros, pizza dough, cachapas, and sweet arepitas. Beyond flours, their offerings include both corn and wheat tortillas, alongside snack items like tortilla chips, taco shells, and tostadas. The company is a significant provider of flatbreads, including wraps, pita bread, naan, chapatti, pizza doughs, piadina, breakfast breads, and crackers. Complementing these are a selection of sauces, dips, palmito, pasta, marinades, and grains such as rice and oats. These products are brought to market under a comprehensive portfolio of well-known brand names, including Maseca, Mission, Guerrero, Tosty, TortiRicas, Rumba, La Cima, Masa Rica, Del Fogón, Delicados, Arroz Luisiana, Tortimasa, Juana, Minsa, Mimasa, Bravos, Tronaditas, and Mexifoods. In addition to its food production, Gruma is actively involved in the industrial sector, designing, manufacturing, and selling specialized machinery. This includes equipment for producing corn and wheat flour tortillas, as well as tortilla chips, marketed under the TORTEC and RODOTEC brands. Furthermore, the company develops and manufactures machinery for corn masa flour production, such as corn milling equipment, and offers comprehensive engineering, design, and construction services. Gruma serves a diverse customer base, distributing its offerings to various retail outlets like supermarkets, mass merchandisers, membership-based stores, and independent shops. Its reach extends to the foodservice industry, supplying chain restaurants, distributors, schools, hospitals, and military institutions. The company also acts as a key supplier for other manufacturers, specifically tortilla producers and corn chip makers. Distribution of Gruma's products is primarily facilitated through a network of independent distributors and wholesalers. With a significant global footprint, Gruma maintains operations across multiple continents, including North