Grupo Bimbo: concludes acquisition of Dulces Vero

Mexico City / MX. (gb) Grupo Bimbo S.A.B. de C.V. informs that, in relation to the press release issued on July 20 – and published in bakenet:eu on July 25 – which unveiled a deal to acquire the main assets of the Mexican confectionery group Dulces Vero S.A. de C.V., now completed the transaction, after completion of standard procedures, including approval of antitrust authorities. The consolidated results of Grupo Bimbo for the fourth quarter 2010 will include the integration of Dulces Vero operations from today.

About: Grupo Bimbo is one of the largest baking companies in the world in terms of production and sales volume. As the market leader in the Americas, Grupo Bimbo has 99 plants and 1’000 distribution centers strategically located in 17 countries throughout the Americas and Asia. Its main product lines include sliced bread, buns, cookies, snack cakes, English muffins, bagels, pre-packaged foods, tortillas, salted snacks and confectionery products, among others. Grupo Bimbo produces over 7’000 products and has one of the most extensive direct distribution networks in the world, with more than 40’000 routes and more than 105’000 employees.
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