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Sara Lee Corp. announced it is selling its 49.9 percent stake in the Qualtia Alimentos business in Mexico to its joint venture partner, Xignux. Terms of the agreement were not disclosed. The completion of the transaction is subject to customary conditions and is expected to occur within a month.

“This move enables us to more closely focus on the continued growth and expansion of our core brands in the United States and around the world, and is part of our ongoing efforts to streamline our business,” said C.J. Fraleigh, chief operating officer, North America, Sara Lee Corp., in a prepared statement.

Currently, Qualtia Alimentos sells meats and cheeses under brand names Zwan, Kir, Duby, Riojano, Alpino, Donfer, Caperucita and Buen Pastor. The company has yearly revenues of $300 million and employs more than 6,500 employees.