Do you know who bakes your bread and pastries?
Grupo Bimbo SAB, Mexico, Latin America's biggest industrial baker, took another big bite out of the U.S. bread market Wednesday, announcing it would spend $2.38 billion to acquire the U.S. operations of Canadian food giant George Weston Ltd., in a fully debt-financed transaction.
Before this buyout, Bimbo Bakeries USA ranked 98th on the list of private carriers with 265 tractors and 1,271 straight trucks serving 3,000 delivery routes in the western U.S. The deal will boost the size of the fleet.
http://online.wsj.com/article/SB122897042505197511.html?mod=googlenews_wsj
Bimbo Bakeries
Discussion in 'Other News' started by heyns57, Jan 6, 2009.
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Flowers?
At yeast that's what I've been raised to think.
(Always good to know which side (of the border) y'all's bread is
buttered on.)
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