Mexican Alfa’s subsidiary Sigma Alimentos has agreed a deal to buy Mexican Cheese Producers (MCP) for an undisclosed sum. Sigma operates across a range of chilled food segments in the US, including cold cuts, yogurt, cheese and prepared foods.

“This acquisition is another step forward in our strategy of reinforcing the competitive position of our businesses in the key markets they serve,” says Alfa chairman and CEO Dionisio Garza Medina. “It will also allow us to accelerate our penetration in the US Hispanic market.”