Stock Value
About Grupo Bimbo, S.A.B. de C.V.
Grupo Bimbo S.A. de C.V. engages in the production, distribution and sale of bakery products, cookies, tortillas, salty snacks and confectionery.
The company offers sliced bread, buns and rolls, patries, cakes, cookies, toast, English muffins, bagels, tortillas and flatbreads, salty snacks, and confectionery.
The company operates in different geographical areas that represent the reporting segments used by it, which are Mexico, North America, Latin America and Europe, Asia and Africa (EAA).
Acquisition of Kitty Industries
On October 26, 2021, through one of its subsidiaries, the company acquired a 100%-stake in Kitty Industries Private Limited (Kitty Industries) in India, a company engaged in the production, distribution and sale of white, wholemeal, wheat and fruit bread, among other products.
Acquisition of Aryzta Do Brasil
On October 13, 2021, through one of its subsidiaries, the company acquired a 100%-stake in Arytza Do Brasil Alimentos Ltda. (Aryzta Do Brasil), company engaged in the production, distribution and sale of bakery and confectionery products, mainly aimed at the Quick Service Restaurants industry in Brazil.
Acquisition of Popcornopolis
On September 17, 2021, through one of its subsidiaries, the company acquired a 100%-stake in Popcornopolis, LLC (Popcornopolis), company operating in the United States of America and which main activity is the production, distribution and sale of popcorn under the Popcornopolis brand. This acquisition has been funded using the company’s own resources.
Acquisition of Siro Medina (Dulces del Campo)
On June 1, 2021, through one of its subsidiaries, the company acquired a 100%-stake in Siro Medina, S.A.U. in Spain, a company engaged in the production of confectionery and pastry products.
Business acquisition of Emmy’s Organics
On May 11, 2021, through one of its subsidiaries in the United States of America, the company acquired the organic cookie business of the Emmy’s Organics brand.
Acquisition of Modern Foods
On February 17, 2021, through one of its subsidiaries, the company acquired a 100%-stake in Modern Enterprises Private Limited (Modern Foods) in India, this company is engaged in the production of bread under the Modern brand and has a broad portfolio of white and fruity bread, healthy breads, buns and pavés, cake, sponge cake and Indian bread along with some other products.
History
Grupo Bimbo S.A. de C.V. was founded in 1945.
