Grupo Bimbo

Grupo Bimbo, S.A.B. de C.V., founded in 1945 and headquartered in Mexico City, is a leading international manufacturer of bakery products. The company produces a wide range of items, including fresh and frozen sliced bread, buns, rolls, cookies, snack cakes, pastries, tortillas, and confectionery products. Grupo Bimbo markets its products under approximately 100 brands, including Bimbo, Marinela, Oroweat, Sara Lee, and Thomas. With operations in 32 countries across the Americas, Europe, Asia, and Africa, the company has established a robust distribution network that supplies products to various channels, such as supermarkets and convenience stores. Its manufacturing facilities are strategically located in multiple countries, enabling efficient production and distribution of its extensive product lines.

Rafael Pamias

CEO

Pablo Sanchez

Director at Bimbo Ventures at Grupo Bimbo

Roberto Servitje

Co-Founder and Chairman

Daniel Servitje

Executive Chairman

12 past transactions

LiveKuna

Series A in 2021
A vertically-integrated superfood company working directly with Ecuadorian farmers to create food that's healthy, tastes good and does good.

Emmy's Organics

Acquisition in 2021
Gluten-Free, Organic, Vegan and Non-GMO snacks!

Protera

Series A in 2021
Protera Biosciences, Inc. specializes in the production of protein-based food ingredients, focusing on innovative solutions to enhance food quality and safety. Founded in 2015 and located in Sunnyvale, California, the company offers a range of products including Protera Guard, a clean label protein that extends shelf life and replaces chemical preservatives, and Protera Sense, a plant-based oil that improves food texture without the use of palm oil or trans fats. Additionally, Protera provides antioxidant proteins and foaming and emulsifying proteins suitable for various applications, such as bakery products, chocolate, ice cream, and plant-based meat alternatives. Utilizing a proprietary deep learning algorithm named MADI, Protera accelerates the design and development of high-value protein products and enzymes, allowing for rapid validation and collaboration with clients to scale production effectively while addressing ethical and environmental challenges in food manufacturing.

Protera

Series A in 2021
Protera Biosciences, Inc. specializes in the production of protein-based food ingredients, focusing on innovative solutions to enhance food quality and safety. Founded in 2015 and located in Sunnyvale, California, the company offers a range of products including Protera Guard, a clean label protein that extends shelf life and replaces chemical preservatives, and Protera Sense, a plant-based oil that improves food texture without the use of palm oil or trans fats. Additionally, Protera provides antioxidant proteins and foaming and emulsifying proteins suitable for various applications, such as bakery products, chocolate, ice cream, and plant-based meat alternatives. Utilizing a proprietary deep learning algorithm named MADI, Protera accelerates the design and development of high-value protein products and enzymes, allowing for rapid validation and collaboration with clients to scale production effectively while addressing ethical and environmental challenges in food manufacturing.

Modern Foods

Acquisition in 2021
Modern is one of India’s most recognised brands and produces a range of white, sweet, health and wellness breads.

Rule Breaker Snacks

Venture Round in 2021
Rule Breaker Snacks specializes in creating vegan, gluten-free, and allergy-friendly snacks that cater to health-conscious consumers. The company focuses on producing soft-baked treats that utilize chickpeas and dates as key ingredients, replacing sugar and conventional flour with nutritious alternatives. This approach allows Rule Breaker Snacks to offer delicious and guilt-free options that are free from preservatives, making them suitable for a variety of dietary needs. By prioritizing both taste and health, Rule Breaker Snacks aims to provide enjoyable snacks that appeal to a wide audience.

Jüsto

Seed Round in 2020
Jüsto is an online delivery-only grocery store chain that offers a wide range of fruits, vegetables, meat products, beauty products, and house supplies that can be delivered at every consumers' doorstep. The company was founded in 2019 and is based in Mexico City.

East Balt, Inc.

Acquisition in 2017
East Balt, Inc. is a producer of a wide range of baked goods, including buns, bagels, English muffins, tortillas, and specialty bakery products. The company specializes in various shapes and sizes of buns, such as round, oval, oblong, square, and stick forms. East Balt serves food service organizations and restaurants globally, focusing on delivering high-quality and innovative products tailored for the bakery industry. By partnering with major restaurant chains, East Balt aims to meet the diverse needs of its customers while maintaining a strong commitment to quality and service.

Cornershop

Series A in 2016
Cornershop is an online grocery shopping platform that facilitates ordering from multiple local stores and offers delivery to customers' doorsteps within 60 minutes. Founded in 2015 in Santiago, Chile, and Mexico City, the company has expanded its operations to eight countries across the Americas. In July 2020, a majority stake in Cornershop was acquired by Uber, providing significant capital and resources for further development of its services. The platform aims to deliver a convenient and innovative shopping experience, allowing customers to effortlessly obtain their daily essentials. Although Cornershop Mexico was not included in the acquisition, it continues to operate independently while awaiting regulatory approval from Mexican antitrust authorities.

Panrico SA

Acquisition in 2015
Panrico, S.A.U. is a prominent producer and supplier of bakery and bread products, including bread, sandwich loaves, whole-wheat breads, and various specialty breads such as those for burgers and hot dogs. Established in 1962 and headquartered in Madrid, Spain, the company serves a diverse clientele through a robust distribution network that extends across Spain and internationally. Panrico's products are available in homes, bars, and cafeterias, making them integral to daily meals and snacks. The company, which was formerly known as Panificio Rivera Costafreda S.L., rebranded in January 1999. Since July 2016, Panrico has operated as a subsidiary of Grupo Bimbo, S.A.B. de C.V., further enhancing its market presence and product offerings.

Canada Bread

Acquisition in 2014
As the leading manufacturer and marketer of Fresh Bakery Products. At Canada Bread Frozen Bakery we bring you the finest bagels, breads, rolls, and sweet goods along with the support that makes all the difference. Our passion is making the highest quality products; our mission is delivering solutions that will help you satisfy your customers. We want to simplify your buying decisions by offering a broad range of product categories, all in labour saving formats. Our par-bake and thaw and sell breads & sweet goods deliver true quality and performance - from Artisan and Flatbreads, to Crusty Breads and Rolls, Sandwich Breads, Hamburger and Hot Dog Buns, Scones, Croissants, and English Muffins. We have a rich company heritage employing more than 8,700 people in Canada, the United States and the United Kingdom. The Company operates 22 bakeries and employs approximately 5,200 people across Canada.
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