Grupo Bimbo SAB de CV acquired Natural Bakery in Winnipeg, Canada, and made a minority investment in Delaware-based Olyra Foods during its first quarter, which saw net profit down 9.4%, citing the sale of its confectionary business in the same quarter...
In 2023, 135 publicly traded companies spanning 19 countries and 48 industries have been recognised for their unwavering commitment to business integrity. PepsiCo is one of six to have been made honouree since the inception of the list in 2007.
The Mexican bakery giant – owner of India’s Harvest Gold, Modern Bread and Kitty brands – donated 35,000 loaves of bread (equivalent to five lakh slices) to the India Food Banking Network (IFBN), as part of the India chapter of its Bimbo Global Race initiative.
Bimbo Bakeries USA (BBU) has extended its 25-year partnership with the Saratoga Jazz Festival for another five years, ensuring the Freihofer brand remains entrenched in the truly original American artform.
The future of the Spanish co-manufacturer and private-label producer of cookies, cereals and pasta has been secured after a €100m cash injection from the country’s Ministry of Industry, Commerce and Tourism brought new owners back to the table.
The Mexican bakery giant has been recognised for the sixth time by Ethisphere as one of the World’s Most Ethical Companies, while Bimbo Bakeries USA (BBU) has been honoured by the EPA for its energy usage at 20 of its facilities, setting the bar for the...
Rule Breaker Snacks – a Grupo Bimbo-backed brand of allergen-free plant-based brownies and blondies – has launched an equity crowdfunding campaign to meet runaway demand sparked by a Shark Tank appearance last year.
The master baker, entrepreneur, philanthropist and son of the founder of Entenmann’s – who help grow his family’s bakery into a powerhouse brand in the Grupo Bimbo stable – died in Key Largo, Florida, on 24 February 2022, aged 92.
As Russia barrels down on Ukraine, multinationals like Grupo Bimbo, Nestle and Mondelez are closing operations citing safety concerns, and the already-stressed global wheat supply will get stretched to its limit.
Bimbo Bakeries USA (BBU)-owned Thomas Bagels is toasting the ‘hole-iest’ food holiday in the US (15 January) by warming up underserved communities across the country through a $110k donation to Operation Warm.
Grupo Bimbo has led a Series A funding round for LiveKuna, a vertically integrated supplier of gluten-free snacks and staples made from sustainably produced quinoa and chia sourced directly from its network of farmers in Ecuador.
Popcornopolis, Munchy Seeds and Bagrry’s are shaking up the snacking space with new packaging; Miss Nang Treats, Cheryl’s Cookies and think! gear up for the holiday season; Union Foods take ice cream to the next level; and Betty Crocker invites fans to...
Chairman and CEO Daniel Servitje said the Mexican bakery giant had experienced ‘very good results in terms of volumes, pride reputation and revenue growth management initiatives’ across all its markets in Q3 2021.
The Swiss-Irish group continues to simplify its business model with the sale of its Brazilian operations to Grupo Bimbo SAB de CV. Its aim to rebuild as a bakery leader in Europe and Asia has also been given a boost with a new €500m revolving credit facility.
The Mexican bakery giant posted new highs for the second quarter – with a 16.2% increase in sales and adjusted EBITDA growing nearly 37% – as it motivated to revitalise those channels and categories that suffered during the pandemic.
Bimbo Bakeries USA (BBU) has downsized a new line of its Arnold, Brownberry and Oroweat Whole Grains breads for calorie-conscious consumers who can’t live without a slice, but don’t want to live with the regret.
The world’s largest bakery company posted outstanding financial results, reported significant market share gains, was recognised as one of the world’s most ethical companies for the fifth consecutive year and increased its global use of renewable electricity...
Grupo Bimbo has given more than six million slices of bread to food banks where it operates, following its pledge to donate 20 slices of bread for each registered participant of its virtual Global Energy Race (GER).
The world’s largest baking company has reported strong performance in Q3 2020, driven by better-than-expected results from its Sweet Goods category, which offset the drag from impulse items like on-to-go foods due to the pandemic.
The Mexican bakery giant is inviting health-minded consumers from around the globe to take part in its fourth annual Global Energy Race (GER) – which has gone virtual because of the pandemic – with the goal of bringing together half a million participants...
The Mexican bakery giant and the world’s largest bread maker is allegedly in talks with private equity firm Everstone Capital to acquire a majority stake in its packaged foods platform Everfoods to further cement its foothold in the $8bn Indian bakery...
Mexican bakery giant Grupo Bimbo, Hostess Brand, Japan’s Yamazaki Baking and Flowers Foods are reportedly among those still circling as possible buyers for the beleaguered Swiss-Irish frozen baked goods group.