Grupo Bimbo acquires Karamolegos Bakery Romania
05/02/25, 7:07 AM
Location
mexico city
bucharestIndustry
food and beverage
food and beverage
retail
manufacturing
Grupo Bimbo has taken over Karamolegos Bakery Romania as part of its expansion strategy in the local market. The acquisition continues Bimbo's growth following previous deals, solidifying its presence in Romania. Karamolegos Bakery Romania has been producing packaged breads since 2009. Financials show stable revenues and profits in recent years.
Company Info
Location
Mexico City, Mexico City, Mexico
Company info
Grupo Bimbo is the world's largest baking company, operating in over 35 countries with 223 bakeries and more than 1,500 sales centers. The company is a key player in the snack industry with an extensive direct distribution network of over 58,000 routes supported by 152,000 associates. Grupo Bimbo is committed to leveraging connected vehicle technology for meaningful business improvements and sustainability initiatives. Their global partnership with Geotab enhances fleet management and productivity.