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Grupo Bimbo files CAD 2bn claim against Maple Leaf Foods over Canada Bread sale
Grupo Bimbo has initiated legal proceedings against Maple Leaf Foods and several former senior officers, seeking CAD $2 billion in damages.
Grupo Bimbo boosts presence in Brazil with Wickbold deal
Mexico’s Grupo Bimbo has signed an agreement to acquire Brazilian bakery firm Wickbold for an undisclosed sum.
Mexico-based Grupo Bimbo is one of the largest producers of bakery products in the world, present in 32 countries across the Americas, Europe and Asia. An omnipresence on retail shelves in Latin America in particular, Bimbo operates almost 200 plants worldwide with the help of 138,000 employees, selling its products through more than 3 million different points of sale. Its annual revenues amount to more than $15 billion a year.
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