Emerging Markets

Mexican bakery giant Grupo Bimbo has opened a bakery facility in Colombia and broke ground for a distribution facility in Mexico City. Pic: Grupo Bimbo

Bimbo Colombia opens $86m bakery facility

By Gill Hyslop

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.

Yellow Diamond potato chip maker Prataap Snacks is expecting to be listed by October or November in India. Pic: ©iStock/Kravuttinun

Indian Prataap Snacks plans IPO by October-November

By Gill Hyslop

Yellow Diamond potato chip maker Prataap Snacks has announced its initial public offering (IPO) will hit the market in two months as it looks to expand operations and enter new categories.