Mexico's Alfa buys autoparts firm from Gissa


MONTERREY, Mexico, May 17 (Reuters) - Mexican conglomerate Alfa said on Thursday it agreed to buy an auto parts firm from local rival Grupo Industrial Saltillo (Gissa) for $72 million, also taking on its $64 million in debt. Alfa said Castech, the unit of Gissa , last year had sales of $180 million. Alfa, which makes processed food and petrochemicals alongside auto parts, has invested around $1.1 billion so far this year in acquiring 11 auto parts producing plants in the Americas and ...

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