date:Jul 18, 2014
Mexico-based baking company Grupo Bimbo has agreed to acquire Ecuador bread producer Supan, as part of its strategy to further strengthen its presence in the Americas.
The transaction involves number of brands such as the Supan, Bimbo, Grile, Braun, Dulzones, Rey-pan and Pansol in the packaged bread, buns and sweet baked goods segments.
The acquisition represents Grupo Bimbo's foray into the Ecuadorian market.
Supan has around 900 employees and two production plants located in Guayaquil and Q