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Grupo Bimbo buys East Balt Bakeries to expand global footprint

Grupo Bimbo has picked up East Balt Bakeries for $650m from One Equity Partners to gain entry into new markets worldwide. Pic: ©iStock/luplupme/Grupo Bimbo

Grupo Bimbo has acquired East Balt Bakeries from One Equity Partners for $650m to give the Mexican conglomerate entry into eight new countries in Asia, the Middle East and Africa.

Despite the negative image that bread has, it is still rising to the occasion in the US. Pic: ©iStock/Tverdohlib

The top 10 US bread suppliers in 2017: Rising sales for Aryzta, Bimbo and Flowers

Some of Kellogg's Australia's products that will no longer carry a halal certification. Pic: Kellogg's

Halal certification ‘unnecessary’ down under for Special K and Cornflakes, says Kellogg

Peak Rock Capital has procured speciality baker Gold Coast Bakeries; its fifth acquisition in the food and beverage space. Pic: ©iStock/Wavebreakmedia

Gold Coast Bakeries acquired by Peak Rock Capital

The closure of Canada Bread's Calgary bakery will affect approximately 63 employees. Pic: Grupo Bimbo

Grupo Bimbo to close Canada Bread’s Calgary bakery

goodnessKNOWS how the top 10 UK snack bar brands will handle the launch of Mar's debut in the healthy snacking sector. Pic: Mars

Top 10 UK snack bar brands: goodnessKNOWS how Mars’ debut will change the playing field

Mozambican company Espiga de Ouro has invested more than US$50m in building the country's largest industry bakery facility to supply 1.8 million loaves of bread per day. Pic: ©iStock/Golden_Brown

Espiga de Ouro US$50m investment could stabilize Mozambique’s bread price

Tariff reductions in NAFTA coincided with a 41.6 kcal per capita daily increase in the supply of caloric sweeteners including HFCS in Canada.  Photo: ©iStock/Darwel

Research links NAFTA to Canada’s increasing obesity and diabetes rates

India has extended Canada's fumigation exemption in order to continue importing the country's pulses. Pic: ©iStock/Veronika111

India’s pulse exemption allows Canada to avoid penalties

Snacking is no longer entirely indulgent, but part of a balanced diet. Pic: ©DepositPhotos/marilyna

Snack makers moving beyond pure indulgence to functionality, says European Snacks Association

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