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...
The Bimbo Bakeries USA brand has launched the Mini Acts of Kindness Sweepstakes to highlight the need for bullying prevention and support non-profit STOMP Out Bullying.
Bimbo Bakeries USA has become the first baking company to launch a national recycling programme in partnership with waste management company TerraCycle.
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.
Grupo Bimbo posted record net sales for the second quarter, due to outstanding growth volumes in North America, its biggest market, which posted a 36% growth in peso terms and 11.5% in dollar terms.
Krusteaz has launched Energizing Oat Bites Mix that require no baking; Nature’s Eats is rolling out a propriety almond flour; and UK bakery Patisserie Valerie has created a Thank You Cake for people to show their appreciation during these unprecedented...
The Mexican bakery giant saw increased demand for its baked goods – especially in the last two weeks of March – as consumers stocked up for the coronavirus lockdown.
A district court in California has repudiated a proposed class action settlement by Bimbo Bakeries USA (BBU) to two California residents who alleged the bakery giant had misbranded several of its baked goods.
The North American bakery and snacks industries are hiring more workers to keep up with demand as consumers stockpile comfort foods like bread and snacks to get them through the coronavirus outbreak.
The Mexican bakery giant has invested $146m into its initiative to grow its electrically powered fleet to make emissions-free deliveries in Mexico City, Guadalajara and Monterrey.
In a conference call with analysts, the Mexican bakery giant’s chairman and CEO Daniel Servitje said the closure – although temporary – is expected to affect figures for Q1 2020.
Bimbo QSR, the US-based subsidiary of the world’s largest bread maker Grupo Bimbo, has formed a joint venture (JV) with Food Town, exclusive supplier of buns to fast food chain McDonald’s in Kazakhstan.
Grupo Bimbo is looking to scale up innovative startups throughout Latin America with the launch of two accelerator programs, Eleva and BakeLab. “We're looking for the next great ventures in Latin America,” it says.
Conagra Brands has completed the divestiture of its Lender’s Bagel business to Bimbo Bakeries USA, a subsidiary of Mexican bakery giant Grupo Bimbo, for an undisclosed amount.
Equipment manufacturers are investing ‘huge sums in R&D’ to enable bakers boost operational efficiency and develop application-specific products to meet exacting consumer demands, according to Global Market Insights.
The Mexican bakery giant reported a 3.2% sales growth to 74,965m Mexican pesos ($3.9m) for Q3 2019, due to solid organic growth in all regions in which it operates and record levels of adjusted EBITDA.
Grupo Bimbo's Daniel Servitje, Dawn Foods' Carrie Jones-Barber, Flower Foods' Brad Alexander and Weston Foods' Roy Benin were invited by the American Bakers Association (ABA) to share their management approach in a fast-paced, multigenerational...
Daniel Servitje, president and CEO of the Mexican bakery giant, presented the new packaging that uses Symphony Environmental Technologies’ d2w plastic technology at an event in Mexico City.
Anticipation is building as the clock counts down for the kickoff of the International Baking Industry Exposition – one of the most important events of the global bakery industry’s calendar – scheduled to open doors at the Las Vegas Convention Center...
The world’s biggest bread maker reported higher prices and growing revenue headwinds in the US and Mexico contributed to flat net sales for its second quarter ended June 30.
PepsiCo-owned Lay’s chips cracked the fifth spot of Kantar’s Global Ranking Top 50, while Grupo Bimbo remained one of the Top 20 most chosen brands on the planet.
The New York-based company, part of Bimbo Bakeries USA, is again inviting American consumers to create their dream donut to celebrate National Donut Day (the first Friday in June each year).
Members of the International Food and Beverage Alliance (IFBA) have undertaken to limit the use of industrial trans fat (iTFA) in their products by 2023.
World hunger remains a persistent crisis, with approximately 842 million people going hungry every day. We look at the bakery and snack giants that are leading the fight against hunger and malnutrition.
BBU’s parent Grupo Bimbo was named one of the World’s Most Ethical Companies for the second time last year, and the addition of electric vehicles will further the bakery giant’s company-wide commitment.
Mexico’s Grupo Bimbo began as a humble family store in 1945, growing into the largest baking company in the world and a relevant player in snacks, with net sales of $14.2bn in 2017.
The Mexican bakery giant has refined the recipes of its Arnold, Brownberry and Oroweat bread brands to shrink ingredient lists – a move it said satisfies consumer demand.
FMCG giants join global pledge to fight plastic pollution; Campbell in fight to avoid split; Mondelēz set to up prices of biscuits in the US; and Grupo Bimbo’s CEO wins CSR award.
As consumers increasingly opt to follow a healthy lifestyle, they are demanding more gluten-free, low-carb, whole grain, organic and paleo diet products. However, there will always be a way to find an excuse to give in to indulgence, especially when it...
From Vegbred made from sweet potato peels, to a new posh Pocky offering, to new variants of potato chips cooked in rice bran oil, we take a look at what's new on the shelf.
Grupo Bimbo’s recently acquired Columbian frozen baked food company, Panattiere, which, according to Global Market Insights, is an ‘evident’ sign that the frozen bakery market will experience high growth over the next six years.
Bimbo Bakeries USA said its latest organic bread line, launched under its Arnold, Brownberry and Oroweat brands, resonates with the rising organic trend.
Mexican breadmaker Grupo Bimbo posted a 28% first-quarter net profit increase, helped by good performance in snacks and the bread category in Canada, but expressed concern about the potential volatility in Mexico following elections on July 1,...
At the Baking Tech Conference held in Chicago at the end of February, Phil Boehm, director of regulatory affairs at Bimbo Bakeries USA, said the US Food and Drug Administration's (FDA) compliance dates were only a proposal, and if not finalized soon,...
Mexican bakery conglomerate Grupo Bimbo reported a 6% increase in sales - helped by several acqusitions that expanded the company's presence into new markets - but noted a drop in profits.
Late last year, Loblaw Companies Limited and parent company, bread producer George Weston Limited, sent shockwaves throughout the Canadian retail system by admitting to a scheme to increase the price of packaged bread that went on for over 14 years.
Canadian bakery owner George Weston and retailer Loblaw have avoided criminal prosecution by immediately reporting anti-competitive activity to the Competition Bureau.
The bakery and snacks industries saw a year of significant development beset with scandals, lawsuits and momentous personnel changes, but also crammed with promising deals, innovation and commitments.
Grupo Bimbo has completed the integration of East Balt Bakeries, opening a new division that will boost the Mexican bakery giant’s global growth strategy in ‘high-potential’ markets and sectors.
A judge for the US district court of Utah awarded Bimbo Bakeries $2.1m in damages after it ruled that United States Bakery (USB) had committed trade secret misappropriation and false advertising.
