Grupo Magdalena has officially announced it will take over agricultural operations at the El Pilar mill, located in Retalhuleu, starting October 1st. This move represents a significant recent acquisition within the agro-export sector. The company formalized the assumption of operations, signaling its expansion within the agricultural industry of Guatemala. El Pilar, situated in Retalhuleu, is a key facility for agricultural processing in the region. This acquisition strengthens Grupo Magdalena’s position in the Guatemalan agro-export market. Details regarding the financial terms of the deal haven’t been disclosed. The transition is expected to be seamless, ensuring continued agricultural production at the mill.