---
schema_version: "secwatch.filing_event.v1"
accession: "0001046257-26-000210"
form_type: "8-K"
ticker: "INGR"
cik: "0001046257"
company_name: "Ingredion Inc"
filed_at: "2026-06-30T10:45:11+00:00"
generated_at: "2026-06-30T10:50:07.128042+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ingredion completes sale of 51% stake in Rafhan Maize for $165M to Nishat Group

## Summary
- Ingredion sold 51% of Rafhan Maize to Nishat Hotels and Properties Ltd. for ~$165M cash.
- Rafhan Maize generated ~$250M net sales in 2025; Ingredion retains a 20% minority stake.
- Shareholders agreement includes a put option exercisable starting in the fifth year post-closing.
- Ingredion and Rafhan Maize entered manufacturing/supply and distribution agreements for continued product supply.
- Transaction closed on June 30, 2026; proceeds received in U.S. dollars.

## SEC filing metadata
- accession: 0001046257-26-000210
- form_type: 8-K
- ticker: INGR
- cik: 0001046257
- company_name: Ingredion Inc
- filed_at: 2026-06-30T10:45:11+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1046257/000104625726000210/0001046257-26-000210-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1046257/000104625726000210/ingr-20260630.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001046257-26-000210
- JSON: https://secwatch.observer/filing/0001046257-26-000210.json
- Plain text: https://secwatch.observer/filing/0001046257-26-000210.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.