At the beginning of this unprecedented health crisis, Grupo Bimbo set up the ‘Bimbo Contigo’ (Bimbo With You) initiative to assist those affected by the pandemic, including a 270 million pesos (US$11.32m) pledge to support Mexico’s health sector and other...
A district court in California has repudiated a proposed class action settlement by Bimbo Bakeries USA (BBU) to two California residents who alleged the bakery giant had misbranded several of its baked goods.
Bimbo QSR, the US-based subsidiary of the world’s largest bread maker Grupo Bimbo, has formed a joint venture (JV) with Food Town, exclusive supplier of buns to fast food chain McDonald’s in Kazakhstan.
Grupo Bimbo is looking to scale up innovative startups throughout Latin America with the launch of two accelerator programs, Eleva and BakeLab. “We're looking for the next great ventures in Latin America,” it says.
Equipment manufacturers are investing ‘huge sums in R&D’ to enable bakers boost operational efficiency and develop application-specific products to meet exacting consumer demands, according to Global Market Insights.
The Mexican bakery giant reported a 3.2% sales growth to 74,965m Mexican pesos ($3.9m) for Q3 2019, due to solid organic growth in all regions in which it operates and record levels of adjusted EBITDA.
Grupo Bimbo's Daniel Servitje, Dawn Foods' Carrie Jones-Barber, Flower Foods' Brad Alexander and Weston Foods' Roy Benin were invited by the American Bakers Association (ABA) to share their management approach in a fast-paced, multigenerational...