Grupo Bimbo created the OLAÌý(itsÌýOrganización Latinoamérica)Ìýto oversee expansion south of the Mexican border.Ìý
In 1990, GB acquire several Latin American corporations such as Chile’sÌýAlesaÌýand Holsum,ÌýVenezuela’s leading baked goods company; they set up Bimbo in El Salvador, Costa Rica, Argentina and Peru.Ìý
In Colombia, GBÌýformed a partnership with Noel, the nation’s most important cookie-baker; it bought Brazil’s Plus Vita in 2001.
Now Bimbo asserted leadership throughout Latin America.