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The Sunbeam acquisition

Bimbo acquired Mexico rights to the Quality Bakers of America鈥檚 Sunbeam brand.
The Sunbeam acquisition

Competition heated up in 1964, when the Continental Baking Co.,听the makers of Wonder Bread, reached听Mexico to compete in consumer segments then demanding foreign goods. Bimbo acquired Mexico rights to the Quality Bakers of America鈥檚 Sunbeam brand.

There were memorable battles in the contest to curry consumer tastes, such as what happened with Wonder鈥檚 Twinkies and Marinela鈥檚 Submarinos, though Bimbo never听lost听its market leadership position.听鈥淲onder was a wake-up call,鈥 recalls Jaime Jorba. 鈥淪omething听had to be done听to avoid the competition 鈥榚ating听our听lunch,鈥 as it were. They set up weekly executive meetings for decision-making. The really massive growth happened starting then.鈥 听