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This sale represents a 66% discount. In November 2011, Sara Lee Corporation completed the sale of its North American fresh bakery business to Grupo Bimbo for $709 million. [17] Sara Lee also sold its fresh-bakery businesses in Spain and Portugal to Grupo Bimbo for 115 million euros ($158.3 million), in a deal announced in October, 2011.
May 1, 2024 at 2:13 AM. A Hispanic former employee at Topeka's Mexican-owned Bimbo Bakeries plant says in a lawsuit that he was fired after alleging it was "ridden with discrimination" against ...
Sara Lee sells bakery to Grupo Bimbo. Sara Lee's sale of its North American Bakery business is now fully baked. The company announced today that it's selling the unit to Mexico's Grupo Bimbo for ...
In 1994, Grupo Bimbo purchased La Hacienda, a tortilla maker in California expanding its operations in the U.S. market. In 1997, it furthered its US based offerings to the U.S. bread market with the purchase of Pacific Prides Bakery, San Diego, California and, in 1998 when it purchased Mrs Baird's Bakeries in Texas, Bimbo Bakeries USA (BBU) was ...
Net income. $79.2 million USD (2017) [ 1] Number of employees. 4,200 [ 2] Website. jjsnack .com. J&J Snack Foods Corp. ( JJSFC) is an American manufacturer, marketer, and distributor of name brand snack foods and frozen beverages. Headquartered in Mt. Laurel, NJ, JJSF uses over 175 facilities for manufacturing, warehousing, and distributing ...
Sara Lee reportedly is close to cutting a deal to sell its North American bakery business to Grupo Bimbo for a sticker price of $900 million to $1 billion, according to a Bloomberg report.
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