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Hostess has battled numerous headwinds, culminating in applying for its second Chapter 11 bankruptcy protection earlier this monthFocus: Why US baker Hostess went stale

25 January 2012

US brands Twinkies and Wonder are so iconic they are known the world over, even in markets where the products are not sold. Yet despite having these cultural touchstones in its portfolio, US baker Hostess Brands has struggled over the last decade, entering Chapter 11 bankruptcy protection twice, most recently this month. Sam Webb looks at why this baking monolith has started to crumble.

GLOBAL: Barry Callebaut signs Unilever supply deal

23 January 2012

Swiss cocoa and chocolate maker Barry Callebaut has signed a deal to supply Unilever's ice cream business.

SWITZ: Barry Callebaut volume growth falls below target

18 January 2012

Barry Callebaut has expressed confidence that it would meet its financial forecasts in its current financial year despite its first-quarter volumes falling below target.

SWITZ: Barry Callebaut to supply Bimbo in Mexico

17 January 2012

Barry Callebaut is to supply bakery giant Grupo Bimbo with chocolate to use in products on sale in Mexico.

ARGENTINA: Bimbo to build baked goods plant in Cordoba

12 January 2012

Mexican bakery giant Grupo Bimbo is to build its sixth plant in Argentina.

US: Bimbo closes former Sara Lee bakery

10 January 2012

Grupo Bimbo, the Mexican bakery giant, is to close a recently-acquired bakery in the US.

US: Sara Lee completes bakery sale

8 November 2011

Sara Lee yesterday (7 November) announced it has completed the sale of its North American Fresh Bakery business to Mexican bakery giant Grupo Bimbo for US$709m.

US/FRANCE: Sara Lee mulls EUR115m offer for Eurodough

7 November 2011

Sara Lee today (7 November) announced it is in talks with private equity firm Sagard over the sale of EuroDough, the company's European chilled dough business.

US: Sara Lee announces FY profit losses

3 November 2011

One-off charges relating to pensions and divested units pushed Sara Lee into a first quarter loss.

FRANCE: Sara Lee confirms "interest" in French bakery unit

31 October 2011

Sara Lee is in talks with potential buyers for its French baked goods unit, the company said today (31 October).

Quote, unquote: just-food's week in words

31 October 2011

This week, key M&A announcements dominated the headlines with US food maker Hain Celestial acquiring UK chilled foods firm Daniels Group, in a bid to expand the international presence of both companies. Ireland-based Greencore was in sales talks with unnamed sources. Meanwhile, rival confectioneries Ferrero and Hershey look to expand overseas.

MEXICO: Grupo Bimbo forecasts post-M&A sales jump

26 October 2011

Bakery giant Grupo Bimbo is set to see its sales jump by more than a quarter as a result of its three recent acquisitions.

US: Sara Lee deal forces Bimbo to offload brands

24 October 2011

Grupo Bimbo will have to sell a number of brands in the US as part of regulatory approval for its takeover of Sara Lee's bakery business in North America.

US: Sara Lee to sell bakery business to Grupo Bimbo

10 October 2011

Sara Lee has today (10 October) announced that it will sell its fresh bakery business in Spain and Portugal to Mexico's Grupo Bimbo.

ARGENTINA: Bimbo seals takeover of Fargo

19 September 2011

Mexican bakery giant Grupo Bimbo has secured the takeover of Argentinian peer Compania de Alimentos Fargo.

On the money: Sara Lee looks ahead to "year of transition"

11 August 2011

Sara Lee's next financial year is set to be a "year of transition", according to chairman Jan Bennink, as the company completes a number of disposals and realises plans to split the business in two.

MEXICO: Commodity costs hit Bimbo profits

25 July 2011

Input costs have hit half-year profits at Mexico-based bakery giant Grupo Bimbo.

WORLD: Consumer Goods Forum unveils health drive

15 June 2011

The Consumer Goods Forum has unveiled a new set of industry-wide resolutions designed to promote health and wellness.

US: Chobani yoghurt best-selling new food brand in 2010 - SymphonyIRI

31 March 2011

Chobani, the Greek yoghurt brand owned by privately-owned manufacturer Agro Farma, was the best-selling new food brand in the US last year, according to the latest annual poll from industry analysts SymphonyIRI.

MEXICO: Food makers team up to launch labelling scheme

21 March 2011

Seventeen Mexican and international food companies have teamed up to roll out a new series of labels for processed foods and non-alcoholic drinks to help combat the country's major obesity problem.

Comment: Sara Lee split fails to dampen takeover talk

2 February 2011

Sara Lee's management no doubt hoped the announcement of plans to split the US food group in two would give the market some clarity over its future but, writes Dean Best, Wall Street analysts believe the new-look companies will still be potential takeover targets.

UPDATE: US: Sara Lee confirms plans to split business

28 January 2011

Sara Lee, the US food group, has this afternoon (28 January) confirmed plans to split itself in two.

Comment: Speculation over Sara Lee reaches fever pitch

26 January 2011

Speculation around the future of food manufacturer has reached fever pitch as the board allegedly meets to decide its future this week.

Comment: Speculation over Sara Lee will rumble on

21 December 2010

The uncertainty surrounding Sara Lee grows by the week and, in recent days, has intensified with reports that Brazilian meat giant JBS has made a takeover bid for the US food group.

US: Analyst warns JBS not to "over-pay" for Sara Lee

21 December 2010

Brazilian meat giant JBS, which has been linked to a takeover bid for Sara Lee, has been warned not to "over-pay" for the US food group by a leading industry analyst.

US: Sara Lee "rejects JBS takeover offer"

20 December 2010

US food group Sara Lee is understood to have rejected a takeover offer from Brazilian meat giant JBS due to a disagreement over price.

The just-food management briefing - M&A in 2010 - a timeline, part II

20 December 2010

As we headed into September, there was uncertainty about the prospects for M&A activity, with analysts at KPMG suggesting the value of deals in the food, drink and consumer goods space in the second quarter stood at just under US$19bn - down from the $49bn of deals recorded in the first three months of the year. However, the last months of 2010 saw a number of key pieces of M&A - notably the merger of Greencore and Northern Foods - and deals signed to see PepsiCo buy Wimm-Bill-Dann and a private-equity consortium by Del Monte Foods.

CANADA: George Weston announces C$1bn share dividend

16 December 2010

George Weston Ltd, Canada's largest food processor, has announced it will pay a one-time common share dividend of C$1bn (US$993.4m).

Best bits: Bimbo bolstered, Dean Foods down, Emmi expanding

15 November 2010

A message to our US readers: as you eat your lunch today, consider that, according to some estimates, one in three sandwiches made in the US will now be made with bread made by Grupo Bimbo.

In the spotlight: the impact of Bimbo's Sara Lee deal

12 November 2010

Mexico's Grupo Bimbo has snapped up Sara Lee's fresh bakery operations in North America for a cool US$959m. Dean Best discusses the repercussions of the deal on both businesses and for the wider US bakery industry.

Related research

Grupo Bimbo S.A.B. de C.V. (BIMBO) - Financial and Strategic SWOT Analysis Review

This comprehensive SWOT profile of Grupo Bimbo S.A.B. de C.V. provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.

Grupo Bimbo S.A. de C.V. (BIMBO) - Financial and Strategic Analysis Review

Grupo Bimbo, S. A. B. de C. V. (Grupo Bimbo) is one of the leading baking companies in the world. The company engages in the production, distribution, and marketing of more than 7,000 bakery products. Grupo Bimbo sells its products under various brands such as Marinela, Bimbo, Milpa Real, Mrs. Baird's, Oroweat, Tía Rosa, and Entenmann's. The company operates through 98 plants, 5 associates and 2 trading agencies. It has one of the world’s most extensive direct distribution networks with over 39,000 routes and 600 distribution centers located strategically in 17 countries across the Americas and Asia.

Grupo Bimbo S.A. de C.V.- Strategy and SWOT Report

Grupo Bimbo S.A. de C.V. - Strategy and SWOT Report, is a source of comprehensive company data and information. The report covers the company’s structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360° view of the company.Features:- Detailed information on Grupo Bimbo S.A. de C.V. required for business and competitor intelligence needs- A study of the major internal and external factors affecting Grupo Bimbo S.A. de C.V. in the form of a SWOT analysis- An in-depth view of the business model of Grupo Bimbo S.A. de C.V. including a breakdown and examination of key business segments- Intelligence on Grupo Bimbo S.A. de C.V.’s mergers and acquisitions (M&A), strategic partnerships and alliances, capital raising, private equity transactions, and financial and legal advisors- News about Grupo Bimbo S.A. de C.V., such as business expansion, restructuring, and contract wins- Large number of easy-to-grasp charts and graphs that present important data and key trends

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