Grupo Bimbo announced it is suspending sales of its Bimbo brand and halting new investments in Russia. The company continues to monitor and assess the situation as circumstances evolve.

“Due to the current international situation, and in line with the core values of Grupo Bimbo, our company has suspended sales of the Bimbo brand in Russia, as well as its new capital and marketing investments in that country,” the company said in a statement.

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