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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.
Old HB, Inc., [ 2] known as Hostess Brands from 2009 to 2013 and established in 1930 as Interstate Bakeries Corporation, was a wholesale baker and distributor of bakery products in the United States. [ 3] Before its 2012 closure and liquidation, it owned the Hostess, Wonder Bread, Nature's Pride, Dolly Madison, Butternut Breads, and Drake's brands.
Interstate Bakeries Corporation (1995–2012) Website. wonderbread.com. Wonder Bread is an American brand of sliced bread. Established in Indianapolis, Indiana, in 1921, it was one of the first companies to sell sliced bread nationwide by 1930. [ 2] The brand is currently owned by Flowers Foods in the United States.
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 $959 Million. The deal follows earlier ...
Main bakery in Thomasville, Georgia. In 1919, brothers William Howard and Joseph Hampton Flowers opened Flowers Baking Company in Thomasville, Georgia. [4] They made their first acquisition, of Tally Maid bakery, in 1937, and in 1942, became the sixth bakery in the U.S. to franchise Quality Bakers of America’s Sunbeam brand and Little Miss Sunbeam for its white bread.
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 ...
The KDA between Nov. 13 and Nov. 27 conducted a food processing inspection of the Bimbo Bakeries facility at 5005 S.W. Wenger St. in Topeka at the same time as an FDA contract inspection.
Grupo Bimbo has 134,000 employees, [4] 196 bakery plants, [5] 3 million points of sale, a distribution network with 57 thousand routes all over the world. [6] The company has more than 100 brands and 13,000 products, [ 7 ] like Bimbo, Tía Rosa, Entenmann's , Pullman, Rainbo, Nutrella, Marinela, Oroweat, Sara Lee , Thomas', Arnold and Barcel. [ 8 ]