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Tag "Grupo Bimbo"

Sara Lee Completes Sale of Fresh Bakery Business in Spain and Portugal to Grupo Bimbo

    Sara Lee Completes Sale of Fresh Bakery Business in Spain and Portugal to Grupo Bimbo

US-based food group Sara Lee has completed the Eur115 million sale of its fresh bakery business in Spain and Portugal to Mexico’s Grupo Bimbo. The agreement includes all Sara Lee

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Grupo Bimbo Completes Acquisition of Sara Lee’s North American Business

    Grupo Bimbo Completes Acquisition of Sara Lee’s North American Business

Grupo Bimbo has just completed the acquisition of Sara Lee’s fresh bakery business in North America. The deal, which has an enterprise value of $959 million, was originally announced in

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Sara Lee to Sell Fresh Bakery Business in Spain and Portugal to Grupo Bimbo

    Sara Lee to Sell Fresh Bakery Business in Spain and Portugal to Grupo Bimbo

Sara Lee has agreed to sell its fresh bakery businesses in Spain and Portugal to Mexico’s Grupo Bimbo for €115 million ($154 million) in cash. The deal includes all Sara

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Sara Lee to Shed European Bakery Businesses

    Sara Lee to Shed European Bakery Businesses

Sara Lee has decided to divest its Spanish bakery and French refrigerated dough businesses. A sales process is underway and numerous bids have been received. The Australian frozen desserts business

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