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Grupo Bimbo gets full clearance on Canada Bread

Grupo Bimbo has received US and Canadian clearance for its $C1.83bn Canada Bread acquisition.

Who is the gluten-free consumer? Find out at the FoodNavigator-USA Forum: Gluten-free in Perspective

Are consumers who say they’re avoiding gluten really just avoiding wheat? Can we trust survey data about the number of people following ‘gluten-free diets’? Are market researchers' (wildly differing) estimates...

Convenience trend hurts both cereal and baked breakfast goods: Analyst

The US trend of skipping breakfast or eating it on the go hurts both cereal and packaged breakfast baked goods, according to an analyst behind a Packaged Facts report. 

Grupo Bimbo doubles full-year profits, pulls in historical EBIDTA

Grupo Bimbo doubled its net profit for 2013 and totted up its highest ever EBIDTA – improvements that defined what its CEO described as a ‘pivotal’ year.

Euromonitor: Grupo Bimbo could face disappointment with Canada Bread

Grupo Bimbo will have its work cut out baking up success in Canada and could be disappointed if it expects too much, says analyst. 

Grupo Bimbo to buy Canada Bread for C$1.83bn

Mexican bread titan Grupo Bimbo will dish out C$1.83bn to buy the Canada Bread Company – 90% of which belongs to Maple Leaf Foods.

Grupo Bimbo CSR app – lost on consumers, good for business

Grupo Bimbo’s corporate social responsibility (CSR) app is unlikely to spark interest among consumers but could prove valuable as a way to collate business efforts and differentiate, says an innovation...

Toastable pastry: Grupo Bimbo files US patent

Grupo Bimbo has developed a process that uses flavored fats to laminate pastry layers, enabling the end product to be toasted without flavor loss.

Grupo Bimbo Visa agreement to boost Mexican business

Grupo Bimbo hopes to boost Mexican business thanks to an agreement with Visa via its technology subsidiary that enables small Mexican retailers to accept electronic card payments.

News in brief

Manufacturing capability shortfalls prompt Bimbo Bakeries plant closure

Bimbo Bakeries USA (BBU) will close a Californian bakery and shift production elsewhere after careful analysis showed shortfalls in the infrastructure and manufacturing capabilities, the regional vice president said.

Sustainable palm oil: GreenPalm, RSPO, Kellogg, PepsiCo, under fire as NGO takes aim at ‘Snack Food 20’

A new report from Rainforest Action Network says food giants supporting "weak" and "diluted" Round Table on Sustainable Palm Oil (RSPO) standards or buying GreenPalm certificates are kidding themselves if...

'Retail relationships' to underpin success for Grupo Bimbo's Goodbye Gluten line

Grupo Bimbo has developed a branded US gluten-free line that an analyst predicts big things for given the company’s strong market foothold and retail network.

Grupo Bimbo CEO on re-entering Brazil: ‘We lost a bit of the Grupo Bimbo DNA'

Grupo Bimbo lost a bit of its DNA when it re-entered Brazil because there was too much focus on immediate growth, its CEO admits.

Grupo Bimbo to deepen ‘green’ footprint with $1.5m distribution center

Grupo Bimbo will pump 20 million pesos ($1.5m) into a new eco-friendly distribution center in Mexico City as part of its drive towards a fully sustainable supply chain.

Bimbo Bakeries USA unfazed by Hostess re-entry, says president

Bimbo Bakeries USA (BBU) will rise to the challenge of increased market competition following the re-entry of Hostess Brands last week, its president says.

Grupo Bimbo must consider the US gluten-free boom, analyst warns

Grupo Bimbo must take heed of the booming gluten-free trend as it moves to invest heavily in the US market, says an analyst.

Grupo Bimbo CEO: ‘A true global leader’

Grupo Bimbo’s CEO Daniel Servitje is a true global leader who has shaped his business into the largest bakery in the world, says the director of the Executives’ Club of...

Bimbo: The not-so-global brand

Bimbo is a popular bakery brand that is in growth but global penetration remains fairly low outside Latin America, an expert says.

News in brief

Grupo Bimbo chairman retires

Grupo Bimbo’s chairman Don Roberto Servitje Sendra will retire from his position on July 1.

Flour recall hits major US brands

Knock-on effect: US flour recall sifts through industry

A US flour and grain blend recall has hit major brands including Frito-Lay and Mondelez and forced widespread precautionary recalls on snacks, cereal and biscuit products.

Grupo Bimbo Q4 net profit plunges 81%

Increased financing costs and higher tax rates caused a plunge in net profit for Mexican bread titan Grupo Bimbo in the fourth quarter (Q4) of 2012.

Kellogg talks on Special K contamination, Bimbo Bakeries issues recall due to machine fault

Kellogg has described its Special K Red Berries recall as “very small” as Bimbo Bakeries USA issues a broad voluntary recall on its core bread brands due to possible flexible wire contamination....

Faulty machinery blamed for metal contamination in two US recalls

Two separate product recalls due to possible metal contamination have been attributed to machinery failure, according to the two firms involved.

Bimbo Bakeries to tighten grip on Northeast US with Pennsylvanian plant

Bimbo Bakeries has splurged out $75m on land to build a bakery plant in Pennsylvania as it continues to invest heavily in securing a stronger grip on the Northeast region...

Grupo Bimbo net profit slumps 83% for Q3

High raw material prices and costly integration of Sara Lee operations led to a sharp net profit slump for Mexican bread titan Grupo Bimbo in the third quarter (Q3).

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