date:May 26, 2014
Grupo Bimbo, S.A.B. de C.V. on May 23 completed its acquisition of Canada Bread Co. Ltd.
Grupo Bimbo said the integration of Canada Bread will be reflected in its consolidated second-quarter results starting on May 23.
With the acquisition, Grupo Bimbo gains a major foothold in the Canadian market through Canada Breads portfolio of brands that includes Dempsters, Pom, Villaggio, Bens, Bon Matin and McGavins. Canada Bread employs approximately 5,400 associates and operates 25 bakeries in Canada