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Showing posts with label Sara Lee. Show all posts
Showing posts with label Sara Lee. Show all posts

Grupo Bimbo Goes For Expansion In Europe



Grupo  Bimbo goes for  expansion spree with  take over of  Sara Lee  Business in Spain and Portugal


A report .


"Grupo Bimbo S.A.B. de C.V. has agreed to purchase Sara Lee Corp.’s fresh bakery business in Spain and Portugal for about €115 million ($154 million).
“This acquisition underscores our international growth strategy and bolsters our vision of becoming a global leader in the baking industry,” said Daniel Servitje, chief executive officer of Grupo Bimbo. “It will also give us the opportunity to unite the Bimbo brand on both sides of the Atlantic along with the transfer of know-how between the two companies and commitment of our new Spanish and Portuguese associates.”
The agreement includes all Sara Lee fresh bakery brands, including Bimbo, Martinez, Ortiz and Silueta, in Spain and Portugal along with seven manufacturing facilities. In fiscal 2011, the Sara Lee fresh bakery business in Spain had net sales of $408 million.
“The move to Grupo Bimbo is a natural next step that can benefit the Sara Lee bakery team and brands in Spain and Portugal as they would become part of an organization fully dedicated to the bakery category,” said Jan Bennink, executive chairman of the board for Sara Lee. “Divesting the bakery business allows Sara Lee’s international portfolio to become simpler and more focused on coffee and tea, the categories around which we are building a leading pure-play international company.”

source
foodbusinessnews.net

Bakery manufacturer - Sara Lee Corporation - Company profile


Sara lee Corporation is among one of the largest manufacturer of bakery products and have sales across the globe . Sara lee got its name from the entrepreneur Charlie Lubins Daughter s name who started a cheese cake line of bakery which was then bought out by Consolidated Foods in 1956. Sara lee corporation has around 44 000 employees around the world with manufacturing units locations in various countries of Americas , Europe , Africa , Asia , Australia/New Zealand .

Main Products :Meat,Bakery,Frozen,Beverages,Household Care,Body Care

Major Brands :Ambi Pur, Ball Park, Douwe Egberts, Hillshire Farm, Jimmy Dean, Kiwi, Sanex, Senseo and Sara Lee.

Head Quarters :3500 Lacey Road, , Downers Grove, IL, 60515, United States Fax: 1-630-5988482http://www.saralee.com/

Turnover:13.21 Million USD

CEO:Brenda C Barnes

Grupo Siro to buy Sara Lee s spanish bakeries

Sara lee is one of the world largest bakery product manufacturer and has around 44000 employees world wide .Its sales covers approx 200 countries and has got annual turnover of 13billion USD . Main brands of Sara lee are Ambi Pur, Ball Park, Douwe Egberts, Hillshire Farm, Jimmy Dean, Kiwi, Sanex, Sara Lee, Senseo and Bimbo.


Sara Lee Corp.'s International Bakery segment has reached an agreement to sell three of its Spanish bakery production plants - Briviesca (Burgos), Antequera (Malaga) and Ag├╝imes (Gran Canaria) - to Grupo Siro
http://www.flex-news-food.com/pages/24923/Bakery/Sara-Lee/Spain/sara-lee-announces-sale-three-spanish-bakery-plants-grupo-siro.html

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