UK: Bimbo to launch its first own branded range of products
Mexican multinational bakery company Bimbo has launched its first line of bakery snacks in the UK under the Bimbo na under the Bimbo Little Adventures brand name. According to Tim Barkey, marketing director of Grupo Bimbo, the new Bimbo Little Adventures brand range was developed to tackle the lack of “innovation, inspiration and variety” among existing […]
Mexico: Bimbo acquires Ready Roti
Mexican bakery firm Grupo Bimbo has acquired a 65% stake in the Indian company Ready Roti for an undisclosed amount. The New Delhi-based maker of bread, pizza bases, as well as sweet and savoury buns, operates four plants, generating annual sales of around $48 million. “This acquisition represents Grupo Bimbo’s entry to the Indian market, […]
Mexico: Grupo Bimbo acquires Panattiere and Stonemill Bakehouse
Grupo Bimbo, one of the world’s leading bakery firms, has reached an agreement to acquire Panattiere, a frozen bakery firm based in Colombia. Established in 2015, Panattiere specializes in pre-baked and frozen baked products, including baguettes, ciabatta, puff pastry, croissant, soft bread, sandwich rolls and muffins. Daniel Servitje, Grupo Bimbo chairman and chief executive officer, said […]
USA: Bimbo to close two factories
The US division of bakery firm Bimbo is to close two production facilities by early 2017, according to a report in Food Business News. The firm’s Lubbock, TX facility is set to close by early January, Bimbo said, with production shifted to Rockwall, TX. The plant, which makes bread and buns, was initially acquired as […]
Brazil: Bimbo launches bread with cacao
As part of its Nutrella Supreme branded line of nutritionally-enhanced breads, bakery giant Bimbo has unveiled a new sliced loaf named Cereals & Cacau in Brazil, according to an article in Giro News. Nutrella Supreme Wholegrain Bread with Cereals & Cacau is promoted as high in fibre and is said to combine sweet and savoury […]
Mexico: Bimbo to sell Panrico bread assets to Adam Foods
Mexican bakery firm Grupo Bimbo has reached an agreement to sell the bread brands of Panrico and other assets in Portugal, Spain and Andorra, including production units, to Iberian food group Adam Foods, according to a report in Jornal De Negocios. The move is a result of a change to Bimbo’s previous acquisition agreement in […]
Uruguay: Plucky opens new production plant
Uruguayan firm Plucky, a producer of confectionery, snack and ice cream products and part of the multinational Bimbo group, is to open a new plant to manufacture products with significant export potential, according to a report in El Pais. Among the products set to be manufactured at the new plant are cereal bars, sandwich cookies, […]
Argentina: Bimbo to invest $54 million
Mexican bakery firm Bimbo is looking to strengthen its operations in Latin America after announcing a new investment of $54 million in Argentina, according to a report in Revista Info Retail. The company said the investment would be used to build a new factory and a distribution centre, both of which are to be located […]
Mexico: Bimbo acquires Italian Home Bakery
Mexico-based bakery firm Grupo Bimbo has announced the acquisition of Italian Home Bakery, the company’s third Canadian acquisition in just over a year. In a conference call, the company’s CEO Daniel Servitje said that the deal had been finalised but did not disclose the amount of the transaction. Toronto-based Italian Home Bakery produces fresh European-style […]
Mexico: Bimbo to acquire Panrico’s cakes business
Bimbo Group has announced that it has reached a definitive agreement to acquire Panrico, the Spain-based bakery business, for €190 million ($209 million). The acquisition includes brands such as Donuts, Donettes, Bollycao, La Bella Easo, Eidetesa and Qe!, but excludes the packaged bread business, the company said. Panrico had annual sales of approximately €280 million […]