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  September 5, 2001
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Home > Company Index > Food, Beverage & Tobacco > Grains, Breads & Cereals > Grupo Bimbo, S.A.

Grupo Bimbo, S.A.
 PROFILE
Do not take this Bimbo lightly. Baking giant Grupo Bimbo is Mexico's leading bread maker and a heavy world player as well. The company produces bread, cookies, and tortillas under the Tia Rosa, Bimbo, and Marinela brands. It also makes fruit preserves, snack foods under the Barcel brand, and candies under the Ricolino brand. Not content to seek domination of the Latin American bread markets, the company owns Texas-based Mrs. Baird's, and its Bimbo Bakeries USA serves the southwestern US. Grupo Bimbo also makes industrial equipment, including baking ovens. The company is majority-owned by the Servitje family, which founded it in 1945 and named it for a bear in the company logo.

 COMPETITION
Gruma, S.A. de C.V. (GMK)
Grupo Corvi, S.A. de C.V. (GCORVI)
Interstate Bakeries Corporation (IBC)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 3,261.00
1-Yr. Sales Growth: 7.5%
Employees: 60,000
Revenue per employee: $54,350.00

 KEY PEOPLE
• Daniel Servitje Montull
    CEO
• Guillermo Quiroz Abed
    CFO

 CONTACT INFO
Prolongación Paseo de la Reforma 1000, Colonia Desarrollo Santa Fe, Delegación Álvaro Obregón
01210 México, D.F., Mexico
Phone: 52-5-258-6842
Fax: 52-5-258-6847
Online: Web Site

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