Late last year, Loblaw Companies Limited and parent company, bread producer George Weston Limited, sent shockwaves throughout the Canadian retail system by admitting to a scheme to increase the price of packaged bread that went on for over 14 years.
Canadian bakery owner George Weston and retailer Loblaw have avoided criminal prosecution by immediately reporting anti-competitive activity to the Competition Bureau.
The bakery and snacks industries saw a year of significant development beset with scandals, lawsuits and momentous personnel changes, but also crammed with promising deals, innovation and commitments.
Grupo Bimbo has completed the integration of East Balt Bakeries, opening a new division that will boost the Mexican bakery giant’s global growth strategy in ‘high-potential’ markets and sectors.
A judge for the US district court of Utah awarded Bimbo Bakeries $2.1m in damages after it ruled that United States Bakery (USB) had committed trade secret misappropriation and false advertising.
Bakery giant Bimbo Colombia has officially opened its second multi-million bakery facility with four production lines in Tenjo, about 20 miles outside of Bogotá.
Gluten-free has moved from trend to mainstream. BakeryandSnacks reviews the demand and its demise in certain areas, as well the confusion and the rising number of contentious health risks.
Grupo Bimbo has acquired East Balt Bakeries from One Equity Partners for $650m to give the Mexican conglomerate entry into eight new countries in Asia, the Middle East and Africa.
Bread makers should use nutritional add-ons like protein and fiber to appeal to health and fitness-conscious consumers who shy away from buying bread because of carbs, says Mintel.
Mexican bakery conglomerate Grupo Bimbo is inviting food entrepreneurs to submit project proposals to be part of its newly-formed innovation accelerator.
As the US bows out of Paris Agreement, Mexican multinational Grupo Bimbo S.A.B. de C.V. reiterates its commitment to lessen its impact on the environment.
