Only top 20 food company to focus solely on the baking industry. You can find investor information about Grupo Bimbo on their. Investor Relations page. For brand-specific inquiries, please refer to websites for individual BBU brands. That will allow the consumer to have a product that is more consistent and also fresher than the one that we had before when we had fewer bakeries of smaller size.
But it may have been a bit more than the company could chew at this point, with Grupo Bimbo still digesting not only the Sara Lee acquisition, but also two other purchases including a bakery company in Argentina. So things didn't play out as we expected that year," Servitje said. We tightened our budgets, and we were able to unleverage ourselves and that's the path that we're on right now. Brazil In we entered Brazil, winning their hearts with our baked goods while becoming the leading baking company in Latin America.
Canada In we acquired Saputo Bakery Inc. Venezuela In we bought Holsum Bakery in Venezuela, one of its largest baking companies, and started earning the affection of the venezuelans. Argentina We arrived in with an investment of 12 million dollars to build a bread plant. Bimbo was started in the early s by a family of immigrant bakers in Mexico and is now a global baking force. What is your favorite Bimbo product? Comment below.
Thanks for reading why is Bimbo called Bimbo! When she is not merrily building brands, you can find her painting, illustrating, kayaking the lakes, or at the river fly-fishing.
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