Bimbo Bakeries USA (BBU) has renewed its multi-year soccer jersey sponsorship with Philadelphia Union in a deal rumored to be more than $11m.
Bimbo Bakeries USA (BBU) saw a 7% dip in US private label packaged bread sales in its Q2 results.
Grupo Bimbo’s Q2 net profit surged 72.6% on the previous year as sales rose slightly, whereas PepsiCo’s net profit dipped 2% despite steady sales.
Mexican bakery giant Grupo Bimbo is set to acquire Ecuadorian company Supan – its first buy in the region.
Bakery giant Grupo Bimbo believes the UK arm of Canada Bread - the business it bought in May - together with Spanish and Portugese divisions can strengthen European sales after further investment.
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 about the size of the gluten-free market...
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 doubled its net profit for 2013 and totted up its highest ever EBIDTA – improvements that defined what its CEO described as a ‘pivotal’ year.
Grupo Bimbo will have its work cut out baking up success in Canada and could be disappointed if it expects too much, says analyst.
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’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 expert.
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 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.
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.
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 they think this will save...
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 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 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 (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 take heed of the booming gluten-free trend as it moves to invest heavily in the US market, says an analyst.
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 Chicago.
Bimbo is a popular bakery brand that is in growth but global penetration remains fairly low outside Latin America, an expert says.
Grupo Bimbo’s chairman Don Roberto Servitje Sendra will retire from his position on July 1.
Flour recall hits major US brands
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.
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 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.
Two separate product recalls due to possible metal contamination have been attributed to machinery failure, according to the two firms involved.
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 of the US.
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).
Grupo Bimbo has opted to buy-back a bakery plant in Gran Canaria that had previously been sold off by Sara Lee in 2009 in a bid to drive a leadership presence in Spain.
Private equity firm Wind Point Partners has agreed to acquire Ohio-based Shearer’s Foods for an undisclosed sum – and has partnered with former Sara Lee CEO C.J. Fraleigh, who will take the helm at the private label snacks company.
Mexican bread titan Grupo Bimbo has said expenses from its Sara Lee buy last year have led to a slight drop in Q2 earnings despite healthy sales.
Mexican bakery manufacturer Grupo Bimbo has established an alliance with Mercedes-Benz for eco-friendly vans that it claims will reduce operating costs by 30% compared to its last vehicles.
Grupo Bimbo opens entry to nutrition and food technology research awards
Grupo Bimbo is calling for entrants in the 2012 Pan-American Nutrition, Food Science and Technology Awards, which offers eight awards for research in the field of nutrition, and eight in food technology, with a total prize pool of $56,000.
Bimbo Bakeries USA plans to invest $75m in a new facility in Texas, US, to produce bread and buns.
Bimbo Bakeries USA has expanded distribution of Sara Lee Breads to Northeast markets in the US.
Chocolate manufacturer Barry Callebaut has today announced the signing of a long-term supply agreement with Latin American bakery firm Grupo Bimbo.
Sara Lee has announced that it is considering an offer from French private equity firm Sagard for its European chilled dough business Eurodough.
Sara Lee has completed the sale of its American Fresh Bakery business to Mexican firm Grupo Bimbo for $709m.
Ralcorp completes acquisition of Sara Lee's Refrigerated Dough ops
Ralcorp confirmed this week it had closed the $545m deal to buy Sara Lee’s Refrigerated Dough Business.
Sara Lee to part with dough in $545 million deal
Sara Lee has entered into an agreement to sell its North American branded refrigerated dough products business to Ralcorp Holdings and is also intending to divest its French refrigerated dough and Spanish bakery businesses.
Grupo Bimbo signs research deal for alternative freeze-dry technology
Bread manufacturer, Grupo Bimbo, is the latest food giant to sign a research deal with EnWave to test “certain food products” on its nutraREV vacuum-based food dehydration technology.
Bimbo bakeries acquires Sara Lee US bakery division
Bread giant Grupo Bimbo has acquired the North American bakery business of Sara Lee for $959m.
Sara Lee joins scheme against junk food advertising to children
Sara Lee has become the latest food manufacturer to join the voluntary Children’s Food and Beverage Advertising Initiative (CFBAI) that aims to restrict advertising of junk food to children.
New R&D centre for Spanish food company Grupo Siro
Leading Spanish food company Grupo Siro has opened a €6m research and development facility in El Espinar, northern Spain to develop a range of new products including ones suitable for consumers who are intolerant to gluten and for children.
Sara Lee CEO steps down following stroke
Chairman and CEO of Sara Lee Corp. Brenda Barnes has resigned from the company so she can focus on improving her health after she suffered a stroke in May, the company’s board of directors has said.
Sara Lee to focus on food and beverage with sale of air care firm
US group Sara Lee has announced the sale of its air care business Ambi Pur to Procter & Gamble as it looks to consolidate itself as a top international food and beverage player.
Sara Lee accused of ‘misleading’ marketing
Sara Lee has issued a clarification statement regarding its EarthGrain-brand bread after organic farming campaigners at Cornucopia accused it of “misleading and unethical” claims.
Sara Lee plans 20 percent salt reduction
Sara Lee intends to reduce the salt content in a range of products by an average of 20 percent over the next five years, the company has announced.
Spanish slump pulls down Sara Lee bakery sales
Sara Lee has posted a sharp drop in international bakery sales for the fiscal year, a month after announcing the sale of three Spanish bakeries.