Grupo Bimbo SAB de CV (BIMBOA.MX) Key Developments | Reuters.com
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Grupo Bimbo SAB de CV (BIMBOA.MX)

BIMBOA.MX on Mexico Stock Exchange

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24 Jun 2016
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Latest Key Developments (Source: Significant Developments)

Grupo Bimbo SAB de CV's Bimbo Bakeries Voluntary Regional Recall of Certain Limited Breads -FDA
Tuesday, 25 Aug 2015 08:00pm EDT 

Grupo Bimbo SAB de CV's:Bimbo Bakeries Voluntary Regional Recall of Certain Limited Breads Produced Under the Sara Lee, Great Value, Kroger, Bimbo, Nature’s Harvest and L’Oven Fresh Brands due to the possible presence of fragments of glass caused by a broken light bulb at one of its bakeries - FDA.The best by Date can be found on the lower front/top third of the bag, the Bakery Code is to the left of the Best By Date.The UPC Code can be found in the bottom right corner on the back/bottom of the bag - FDA.Announced the recall after receiving 3 consumer reports of small pieces of glass found on the outside of the bread. There are no reports of injury - FDA.  Full Article

Grupo Bimbo SAB de CV signs final agreement to buy Panrico SAU
Thursday, 9 Jul 2015 08:57am EDT 

Grupo Bimbo SAB de CV:Signs final agreement to buy 100 pct of shares of Panrico SAU, excluding category of branded packaged bread, for 190 million euros.  Full Article

Grupo Bimbo SAB de CV signs agreement to buy Panrico SA
Monday, 22 Jun 2015 08:31am EDT 

Grupo Bimbo SAB de CV:Signs agreement to buy Panrico SA in Spain and Portugal, agreement excludes the category of branded packaged bread.  Full Article

Fitch affirms credit rating on Grupo Bimbo SAB de CV
Wednesday, 20 May 2015 07:21pm EDT 

Grupo Bimbo SAB de CV:Fitch has affirmed its credit ratings on company on global scale at BBB and on national scale at AA+(mex).Outlook remains stable.  Full Article

S&P affirms credit ratings on Grupo Bimbo
Monday, 9 Mar 2015 07:39pm EDT 

Grupo Bimbo SAB de CV:Standard & Poor's has affirmed its credit ratings on company on global scale at BBB and on national scale at mxAA+.Outlook remains stable.  Full Article

Grupo Bimbo SAB de CV completes acquisition of Saputo Bakery Inc in Canada
Monday, 2 Feb 2015 12:10pm EST 

Grupo Bimbo SAB de CV:Canada Bread Company, Ltd, a subsidiary of Grupo Bimbo S.A.B. de C.V. (Grupo Bimbo or the company) announced that it has completed the acquisition of the total shares outstanding of Saputo Bakery Inc., a subsidiary of Saputo Inc.Saputo Bakery Inc. will now operate under the company name of Vachon Bakery Inc.  Full Article

Grupo Bimbo SAB de CV announces acquisition of Saputo Bakery Inc. in Canada
Thursday, 18 Dec 2014 09:05am EST 

Grupo Bimbo SAB de CV:Says its subsidiary Canada Bread Company, Limited (Canada Bread) has reached an agreement to acquire the total shares outstanding of Saputo Bakery Inc., a subsidiary of Saputo Inc., for an aggregate cash price of C$120 mln.Acquisition includes well-positioned brands such as Vachon, Jos Louis, Ah Caramel, Passion Flakie and May West, among others.  Full Article

Grupo Bimbo reaches agreement to acquire Supan
Tuesday, 15 Jul 2014 04:43pm EDT 

Grupo Bimbo SAB de CV:Reaches agreement to acquire Supan, company from bakery industry in Ecuador.Acquisition includes Supan, Bimbo, Grile, Braun, Dulzones, Rey-pan and Pansol brands.Operation is expected to generate sales of more than $57 million and adjusted EBITDA of $6 million.  Full Article