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In November 2011, Sara Lee Corporation completed the sale of its North American fresh bakery business to Grupo Bimbo for $709 million. [17] Sara Lee also sold its fresh-bakery businesses in Spain and Portugal to Grupo Bimbo for 115 million euros ($158.3 million), in a deal announced in October 2011. That acquisition was expected to close by the ...
Grupo Bimbo, S.A.B. de C.V. (also known simply as Bimbo) is a Mexican multinational food company with a presence in over 33 countries located in the Americas, Europe, Asia and Africa. [1] It has an annual sales volume of 15 billion dollars [ 2 ] and is listed on the Mexican Stock Exchange with the ticker BIMBO.
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Bimbo Bakeries USA lays off 138 employees at San Antonio location. The subsidiary group owns Mrs. Baird's, Sara Lee, Ball Park and other brands. ... 800-290-4726 more ways to reach us. Sign in ...
The locations also were used as part of a distribution network for parent company Bimbo Bakeries USA. The products include Arnold, Boboli, Entenmann's, Lender's Bagels, Sara Lee and Thomas ...
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While the Grupo Bimbo deal saw George Weston Limited divest most of its fresh baked goods assets in the United States, the company still maintained U.S. market share. In addition to Interbake, a manufacturer of cookies and ice cream novelty treats, it acquired Keystone Bakery, a U.S. maker of frozen cupcakes, donuts, and cookies, for (U-S) $185 ...
Grupo Bimbo was to use the Sara Lee name for fresh-baked products around the world except for Western Europe, Australia and New Zealand. The deal also gave Grupo Bimbo 41 baking plants, and the regional brands Grandma Sycamore's, Heiner's and Rainbo. [18] On January 28, 2011, Sara Lee announced the company would be split into two units.