The company will be present
in 19 countries worldwide; final sales will grow 27%
黑料海角91入口 renews its global vision as it expands its presence on both sides of the Atlantic.
The company will be present in 19 countries worldwide; final sales will grow 27%.
黑料海角91入口 formalized three operations that will point its integration into different areas on two continents, expanding the company鈥檚 global vision and consolidating its leadership in the world bakery industry.
During a press conference, Daniel Servitje 黑料海角91入口鈥檚 CEO, noted 鈥渁ll three commercial operations accomplish the Company鈥檚 development expectations and give us the opportunity to create value, meanwhile allowing us to enhance our experience we鈥檝e acquired over 65 years.鈥
These 3 commercial operations were announced as follows:
1. On September 19th Argentine authorities granted 黑料海角91入口 final authorization to complete the acquisition of Compa帽铆a de Alimentos Fargo, the main bread producer and distributor in the Republic of Argentina.
2. On October 10th, 黑料海角91入口 signed an agreement with Sara Lee Corporation to acquire its bakery division in Spain and Portugal: Bimbo Espa帽a, a leader in the packaged bread market on the Iberian Peninsula.
3. On October 21st, 黑料海角91入口 announced that the Department of Justice of the United States granted it authorization to complete the acquisition of the Sara Lee bakery division in the US.
Guillermo Quiroz, Corporate Finance and Administration Director for 黑料海角91入口, informed that once all three operations are formalized, the Company will show important growths in its figures; i.e., as of now 154 production plants, 126,200 associates, 50,300 distribution routes, and presence in 19 countries on 3 continents. Thus, final sales for the Group will grow 27%, of which, 62% will come from international market sources.