US: Sara Lee sells North American bakery unit to Grupo Bimbo

By just-food.com | 9 November 2010

US food group Sara Lee has agreed to sell its North American fresh bakery operations to Mexico's Grupo Bimbo in a deal worth US$959m.

just-food articles are only available to registered users and members.

Join now for increased access

There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.

If you’re already a member, login here.

US food group Sara Lee has agreed to sell its North American fresh bakery operations to Mexico's Grupo Bimbo in a deal worth US$959m.

  • Unlimited access to all the latest global food news and insight
  • Expert analysis that puts the news into context
  • Exclusive interviews with leading industry figures
  • Monthly management briefings with detailed analysis on hot topics
  • Personalised RSS feeds and email newsletters
  • 10-year archive of news, insight and intelligence
  • Discounts on just-food market research
  • Plus much more

If you’re already a member, login here

Not what you were looking for?

Search just-food:

More articles related to this one

Editor's choice: the highlights on just-food this week
This week has been marked by some high profile acquisition plays with ConAgra Foods making its desire to acquire Ralcorp Holdings known and DuPont making its final offer for Danisco. Meanwhile, the UK recovered from the four-day hangover of the Royal Wedding and May bank holiday, a period, which retailer Morrisons said provided it with its two largest trading days of the year so far

US: Sara Lee to buy sausage firm Aidells, mulls bakery options
Sara Lee, the US food maker looking to split into two separate companies, said today (5 May) it was looking to buy "premium" meats firm Aidells Sausage Co. - but admitted it was mulling its options over two more of its own units.

US: Sara Lee cuts FY earnings guidance
Sara Lee today (5 May) cut its annual profit target as the US food maker admitted sales volumes could be hit by price increases and said its international bakery unit was being affected by "intense" competition.

Market research related to this article

Sara Lee Corp in Packaged Food - World
Sara Lee underwent a period of historical restructuring and is emerging the other side a very different company. Now focused on chilled and frozen processed food, it must address some core weaknesses, not least its US centricity....

Savory Snacks in Chile
Datamonitor's Savory Snacks in Chile industry profile is an essential resource for top-level data and analysis covering the Savory Snacks industry. It includes data on market size and segmentation, plus textual and graphical analysis of the key trend...

Welcome to the home of food information, insight & intelligence

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page