Grupo Bimbo has acquired Groupe Adghal, a Morocco-based producer and distributer of baked goods. With sales rising to around 11 million dollars and a 20-year track record, Adghal represents Grupo Bimbo’s gateway to a new market. ...
Tags: Grupo Bimbo, Adghal, baked goods
Bimbo Bakeries USA will shut down its production activities at its baking plant in Lubbock, Texas in early January 2017, affecting about 75 employees. The baking company will move out its production from Lubbock to its Rockawall bakery ...
Tags: Bimbo, Lubbock Plant
The Thomas' brand has announced the introduction of new Limited Edition Salted Caramel English Muffins and Bagels, giving fans a sweet and salty taste as the official summer season heats up. The new Thomas' Salted Caramel English Muffins ...
General Mills has agreed to sell its Argentina bakery and foodservice business to a Mexico-based baking company Grupo Bimbo for undisclosed sum. However, General Mills will retain its growing retail food business in Argentina, including ...
Tags: General Mills, Grupo Bimbo, Acquisition
Canada Bread, a manufacturer and distributor of fresh bakery products, is set to shut down its bakery in Halifax, Nova Scotia, in November. The company will gradually phase out operations from as early as June, and will consolidate ...
Tags: Canada Bread, Villaggio, Food
Mexican baking company Grupo Bimbo's subsidiary Canada Bread has completed the acquisition of Saputo Bakery in a C$120m ($103.27m) deal. Earlier in December 2014, Canada Bread has entered into an agreement to this effect. Saputo ...
Tags: Saputo Bakery, baking company
Mexican baking company Grupo Bimbo's subsidiary Canada Bread has agreed to acquire Saputo Bakery, a subsidiary of Canadian dairy company Saputo, in a C$120m ($103.27m) deal. This acquisition of Canada's leading producer of snacks cakes ...
Tags: Canada Bread, Saputo Bakery, snacks cakes
Mexico-based baking company Grupo Bimbo has agreed to acquire Ecuador bread producer Supan, as part of its strategy to further strengthen its presence in the Americas. The transaction involves number of brands such as the Supan, Bimbo, ...
Tags: Grupo Bimbo, Supan, Food
Grupo Bimbo has completed the acquisition of Canada Bread Company, the bakery products division of Maple Leaf Foods, in a $1.66bn deal. According to Grupo Bimbo, the integration of Canada Bread will be reflected in its consolidated second ...
Tags: Grupo Bimbo, Bread
Canada Bread has announced that its shareholders have approved the company’s proposed sale to a wholly-owned subsidiary of Grupo Bimbo. At a special meeting on 3 April, the deal received approval from shareholders holding around ...
Tags: Canada Bread, Grupo Bimbo
Maple Leaf Foods today announced changes to its organizational structure and leadership that will be effective upon completing the sale of its 90% ownership in Canada Bread Company, Inc. to Grupo Bimbo, S.A.V. de C.V., which is expected to ...
Tags: Agriculture, Food
The Canadian Competition Bureau has approved Mexican firm Grupo Bimbo’s proposed acquisition of Canada Bread. In February, the Mexican firm agreed to acquire Canada Bread for C$1.83bn ($1.66bn). Canada Bread is the bakery products ...
Maple Leaf Foods Inc. today reported its financial results for the fourth quarter and full year ended December 31, 2013. Adjusted Operating Earnings(1)(2)(3) for the fourth quarter was a loss of $21.7 million compared to Adjusted ...
Tags: Maple Leaf Foods, Food
Premier Foods is remaining tight-lipped about reports that the Mexican bakery Grupo Bimbo may acquire its troubled bread division, as the firm’s short-term prospects divided City opinion. Premier Foods' plan to seek a financial ...
Tags: Premier Foods, tight, bread
Pitti Immagine Bimbo, the world’s most important fair featuring fashions for children and teens, will be held at the Fortezza da Basso in Florence (Italy) from 16 to 18 January 2014. This is the only international fair that offers a ...