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TMW
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Groupo Bimbo Buys Sara Lee Bread
Mexican baking giant Groupo Bimbo buys Sara Lee Corp. North American bread business for $959 million.
The deal makes Grupo Bimbo the largest baker in the U.S.
Groupo Bimbo will have rights to to the Sara Lee brand in fresh baked goods globally, excluding Western Europe, Australia and New Zealand.
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bajafam
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they also own Oroweat, Holsum, Boboli, Entenmann's, and Thomas' 
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BajaBlanca
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wow. now that is something else. why did Sara Lee sell ????? wouldn't it just take the cake if they changed the name to BIMBO in the States ??? 
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DENNIS
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| Quote: | Originally posted by BajaBlanca
wow. now that is something else. why did Sara Lee sell ????? wouldn't it just take the cake if they changed the name to BIMBO in the States ???
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Pan Bimbo has been in Mexican areas of So. Cal., like around San Diego, for quite a while....ten years that I know of. I'm sure it's longer.
The unfortunate thing is there's an identical word with a very different meaning in the English language.
http://en.wikipedia.org/wiki/Bimbo
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Natalie Ann
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After a camping trip, I accidentally left in my car a loaf of Sara Lee White Bread. I found it on the floor of the back seat about 3 months later
while loading up for another excursion. The bread had no mold at all, was perhaps a bit dried out.
I'm thinking Sara Lee has always used the Bimbo bread recipe.
Now with the buyout they can be more honest about it.
nena
Be yourself, everyone else is already taken.
.....Oscar Wilde
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BajaBlanca
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that's my point exactly Dennis !! Can you imagine changing the name in the States to Bimbo ???? would not be politically correct, perhaps, but sure
would be hysterically funny !!
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DENNIS
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I doubt they'll be changing much at all, Blanca. There's an enormous market for Bimbo products up there...............more every day.
In most of those neighborhoods, Sara Lee would be the stranger.
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Bajahowodd
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Mexico Takes Over
Probably many folks were unaware how large Bimbo was.
Do you know that this Mexican company is the world's largest supplier of building materials and number three in cement production?
http://en.wikipedia.org/wiki/Cemex
Or how about Gruma Corp? World's largest producer of corn flour and tortillas. Primarily know in the US for its Mission brand items.
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astrobaja
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Natalie Ann: thats pretty scary isn't it!! To call either Bimbo or Sara Lee "bread" is a leap of faith!
SUPPORT your LOCAL bakeries!
\"There is a theory which states that if ever anyone discovers exactly what the Universe is for and why it is here, it will instantly disappear
and be replaced by something even more bizarre and inexplicable.There is another theory which states that this has already happened\"
Douglas Adams
our website: http://bajadarkskies.com |
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bajafam
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We have a Cemex plant in our town...Show Low, AZ. And I have several off shoots of Bimbo bread in my cupboard ~ oroweat, and holsum...as well as the
bread I make on my own Nothing like fresh baked bread, y'all!
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capt. mike
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i knew Sara Lee was a bimbo! hahaha
formerly Ordained in Rev. Ewing\'s Church by Mail - busted on tax fraud.......
Now joined L. Ron Hoover\'s church of Appliantology
\"Remember there is a big difference between kneeling down and bending over....\"
www.facebook.com/michael.l.goering |
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mcfez
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Like a hamburger 11 weeks old?
| Quote: | Originally posted by Natalie Ann
After a camping trip, I accidentally left in my car a loaf of Sara Lee White Bread. I found it on the floor of the back seat about 3 months later
while loading up for another excursion. The bread had no mold at all, was perhaps a bit dried out.
I'm thinking Sara Lee has always used the Bimbo bread recipe.
Now with the buyout they can be more honest about it.
nena |
http://www.youtube.com/watch?v=FoFpsUvaJlE
Old people are like the old cars, made of some tough stuff. May show a little rust, but good as gold on the inside.
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BajaBlanca
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and of course we all know of Mr Carlos Slim, right ?
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tiotomasbcs
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"takes the cake", hhhhhhhhhaaaaa. Very rich! omg! I have a friend who bot his wife a blue Bimbo shirt off the drivers back. Takes the cake.......
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Bajahowodd
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The Lebanese Cab Driver?
| Quote: | Originally posted by BajaBlanca
and of course we all know of Mr Carlos Slim, right ? |
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mcfez
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Jimmy Dean brands is owned by these folks too. Maybe they come up with a cheesecake sausage
Old people are like the old cars, made of some tough stuff. May show a little rust, but good as gold on the inside.
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sanquintinsince73
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Everyone is buying up everything American. I wonder what country is going to buy The Statue of Liberty, Mt. Rushmore, Viet-Nam Veterans Memorial,
Arizona Memorial..........
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DENNIS
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OK....The real question is, who owns Grupo Bimbo?
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sanquintinsince73
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| Quote: | Originally posted by DENNIS
OK....The real question is, who owns Grupo Bimbo? |
Couldn't find who the owner of Grupo Bimbo is but they sell over 7,000 different products and own 95 factories in North America, Central, and South
America.
[Edited on 11-12-2010 by sanquintinsince73]
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Taco de Baja
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| Quote: | Originally posted by DENNIS
OK....The real question is, who owns Grupo Bimbo? |
Stock holders own it.
Selling for ~$8.00 a share right now ( -4% for the day) with a 52 week range of $6.25 - $9.05. I looked into buying
some back in 2008 at $6.00/share but chickened out.
http://www.google.com/finance?q=grbmf
| Quote: | Grupo Bimbo SAB de CV is a Mexico-based multinational baking company. Its activities include the production, distribution and sale of a variety of
bakery products, such as bread, rolls, cookies, biscuits, cakes, sweets, chocolates, snacks and tortillas, as well as processed food. The Company’s
products are marketed under the Bimbo, Lara, Barcel, Marinela, Ricolino, Coronado, Suandy, Tia Rosa, Clever, Chocolates La Corona, El Globo,
Lonchibon, Milpa Real and Del Hogar brands, among others. Through its subsidiaries and affiliates, the Company has presence in North, Central and
South America, and Asia. The Company’s facilities comprise 39 production centers in Mexico; 19 production plants located in 13 Latin American
countries; 34 banking plants established in the United States, and a baking plant operating in Beijing, China. In June 2010, the Company acquired
Dulces Vero.
Roberto Servitje Sendra: Chairman of the Board
Daniel Servitje Montull: Co-Chairman of the Board, Chief Executive Officer
Pablo Elizondo Huerta: Co-Chief Executive Officer
Guillermo Quiroz Abed: Chief Financial and Administrative Officer
Javier Augusto Gonzalez Franco: Chief Executive Officer of Bimbo S.A. de C.V.
Gabino Gomez Carbajal: Chief Executive Officer of Organizacion Barcel S.A. de C.V.
Gary Prince: Chief Executive Officer of Bimbo Bakeries USA
Javier Millan Dehesa: Corporate Director of Human Resources and Relations
Alberto Diaz Rodriguez: General Director of Latin America Division
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Truth generally lies in the coordination of antagonistic opinions
-Herbert Spencer
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