Grupo Bimbo reports record sales
Grupo Bimbo’s net sales increased by 17.7% in 2022, a record net sales level of EUR 20.58 bn. Its operating income rose 64.8% and its adjusted EBITDA reached a record level of EUR 2.76 billion, an increase of 12.8%.
Tag: grupo bimbo
Grupo Bimbo buys leading Romanian baker
Grupo Bimbo acquired Vel Pitar, a leading Romanian bakery manufacturing bread, sponge cake, and sweet and savory specialty products. The national financial newspaper Ziarul Financiar estimates the value of the transaction is around EUR 200 m.
Grupo Bimbo acquires St. Pierre Groupe
Grupo Bimbo acquired UK-based brioche specialist St. Pierre Groupe, the company behind Baker Street, Paul Hollywood and St. Pierre brands.
Grupo Bimbo launches food business accelerator
Grupo Bimbo launched Bimbo Open Door, a food business accelerator in Latin America, to seek and invest in bakery startups and scale-ups.
Mondelēz acquires Ricolino from Grupo Bimbo for USD 1.3 bn
Mondelēz International announced its agreement to acquire Grupo Bimbo’s confectionery business, Ricolino, for approximately USD 1.3 billion.
Grupo Bimbo stops business in Russia
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.
Grupo Bimbo reports ‘exceptional’ year
2021 was an exceptional year for Grupo Bimbo, which delivered record levels of sales, volume and profit, Daniel Servitje, Chairman and CEO, said in a statement announcing last year’s performance.
Bimbo Bakeries USA joins EPA Green Power Partnership
Bimbo Bakeries USA joined the U.S. Environmental Protection Agency’s (EPA) Green Power Partnership, a voluntary program encouraging companies to use green power to reduce the environmental impacts associated with conventional electricity use.
