Companies / Brazil
Bimbo Focuses On Latin America
May 2008 | Company News AlertMexican bakery firm Bimbo has announced the acquisition of a 75% stake in Brazilian baking firm Nutrella Alimentos. This move continues Bimbo's recent focus on acquisitions within Latin America and suggests that this market is now the firm's priority for strategic growth. This strategy may also suggest that the firm's foray into China has perhaps proven to be tougher than the firm envisaged.
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