subsidiary traded as bmv bimbo industry food processing food distribution founded fort worth texas united states 1998 1998 headquarters horsham pennsylvania united states number of locations 251 outlet stores area served united states mexico europe china key people fred penny president daniel servitje chairman and ceo products baked goods revenue 3.9 billion usd operating income 332.8 million usd total assets 4.0 billion usd number of employees 15 000 parent grupo bimbo website www.bimbobakeriesusa.com bimbo bakeries usa spanish pronunciation bimbo is the american corporate arm of the mexican multinational bakery product manufacturing company grupo bimbo . it is the largest bakery company in the united states . 1 2 the company headquartered in horsham pennsylvania in the greater philadelphia region 3 owns six of the top twelve fresh bread brands in the united states including entenmann s sara lee and thomas . 4 it is also a top advertising sponsor for many major soccer teams around the globe . 5 6 7 in 2016 forbes magazine ranked grupo bimbo at 986 on the forbes global 2000 an annual ranking of the top 2 000 public companies in the world . 8 contents 1 name 2 history 3 nationwide expansion 4 soccer sponsorship 5 sara lee acquisition 6 main brands 7 worker safety 8 see also 9 references 10 external links name edit the name bimbo was first coined in 1945 when the company switched from super pan s.a. a mixing of the words bingo and bambi . 9 bimbo s innocent childlike associations fit the image the company wished to build . the english word bimbo with its negative connotations has no cognate in spanish . history edit grupo bimbo entered the u.s. market with the purchase of pacific pride bakeries in 1996 . at the time pacific pride bakeries was the largest independent baker in the san diego area . the current company bimbo bakeries usa was established in 1998 when grupo bimbo purchased mrs. baird s bakeries in texas which at the time was the largest family owned bakery in the united states and merged it with the former pacific pride bakeries . at this point it was renamed bimbo bakeries usa and u.s. headquarters were set up in fort worth texas . 1 in 2002 grupo bimbo made another acquisition when it purchased five plants in california texas colorado and oregon . the purchase also gave bimbo bakeries usa the right to such brands as oroweat entenmann s thomas and boboli in the western united states the rights in the eastern usa at the time were owned by george weston limited . nationwide expansion edit on december 10 2008 it was announced that grupo bimbo was in negotiations to purchase weston foods inc. a subsidiary of george weston ltd. for 2.38 billion a purchase that would make bimbo bakeries usa the largest bakery company in the usa . the purchase was finalized on january 21 2009 . the acquisition added brands such as arnold brownberry freihofer s stroehmann and gave bimbo the rights to the weston brands in the eastern united states it had controlled the weston brands in the western united states since 2002 . the purchase also added 22 more factories and 4 000 delivery trucks giving bimbo bakeries usa 35 factories and over 7 000 sales routes in the united states along with a footprint in all of the lower 48 states and almost us 4 billion in annual sales . 10 11 the weston foods headquarters in horsham pennsylvania just outside philadelphia became the new headquarters for bimbo s usa operations relocating from fort worth texas when the deal closed . 12 soccer sponsorship edit in an effort to increase its national exposure on january 11 2011 bimbo announced a four year partnership agreement making it the official jersey sponsor of the philadelphia union the major league soccer mls team local to their national headquarters . the union sponsorship agreement marks the fifth professional soccer team sponsored by bimbo ; the parent company grupo bimbo sponsors the following five teams rochester rhinos club am rica c.d. guadalajara and c.f. monterrey of the primera divisi n de m xico teams and c.d. saprissa of costa rica . the deal also makes bimbo the official bread and baked goods sponsor of the union and mls . bimbo will become an official sponsor of mls opening mls league and club marketing assets such as stadium signage to the company . 13 the sponsorship deal is valued at roughly us 12 million over the four year period . 14 sara lee acquisition edit on november 9 2010 grupo bimbo announced that it had agreed to acquire the north american fresh bakery business of the sara lee corporation . the transaction which was subject to regulatory review would combine the largest and third largest baking companies in the united states as measured by annual sales . the deal was reported as costing us 959 million . this acquisition left bimbo bakeries usa with 75 bakeries in 31 states serving the entire continental united states through more than 13 000 sales routes . the acquisition was estimated to bring approximately us 2.1 billion in sales to bimbo bakeries usa for a rough total of us 6 billion . this would make bimbo bakeries usa more than twice as large as the number two bakery company in the united states flowers foods . sara lee corp. acquired its fresh baked division in 2001 with the acquisition of earthgrains for a then industry record of us 2.8 billion . this sale represents a 66 % discount . in november 2011 sara lee corporation completed the sale of its north american fresh bakery business to grupo bimbo for 709 million . 15 sara lee also sold its fresh bakery businesses in spain and portugal to grupo bimbo for 115 million euros 158.3 million in a deal announced in october 2011 . that acquisition was expected to close by the end of 2011 . 15 bimbo bakeries was required to sell off some of its assets by the antitrust division of the united states department of justice . 16 the following operations were sold earthgrains and healthy choice in omaha were sold to pan o gold in may 2012 . 17 holsum and milano in harrisburg and scranton were sold to schmidt baking company in may 2012 . 17 sara lee and earthgrains in california and earthgrains in oklahoma city were sold to flowers foods in october 2012 . 18 the earthgrains and mrs baird s brands in kansas city have yet to be sold . main brands edit arnold producer of loaf bread primarily sold throughout the united states ball park producer of buns & rolls beefsteak producer of bread bimbo producing cakes and bread found in major united states cities with large hispanic and hispanic american populations boboli producer of ready made pizza crusts brownberry producer of loaf bread primarily sold throughout the united states 19 earthgrains producer of loaf bread primarily sold throughout the united states entenmann s pastry baker in the united states francisco producer of bread and rolls freihofer s producer of bread and cakes most commonly found in upstate new york j.j. nissen producer of bread commonly found in new england marinela producer of mexican cookies mrs. baird s a leading bakery primarily present in texas and surrounding states old country oroweat producer of loaf bread primarily sold throughout the united states sara lee frozen and packaged food stroehmann s with oroweat above a producer of loaf bread in the united states thomas producer of english muffins and bagels t a rosa producer of home style bread pastry and tortillas worker safety edit the company has been cited for numerous worker safety violations as well as failure to report worker injuries to california s division of occupational health and safety . between 2003 and 2010 nine bimbo bakeries workers had parts of digits or a limb amputated after accidents at plants across the state and regulators found cases of inadequate training and machine guarding . 20 see also edit list of bakeries list of brand name breads references edit a b bimbo bakeries usa history . bimbobakeries.com . retrieved 2014 06 09 . michelle chapman ; sarah skidmore november 10 2010 . mexican company now biggest baker in u.s. . herald tribune . sarasota florida . associated press . retrieved 2014 06 09 . home . bimbo bakeries usa . retrieved on november 17 2012 . 255 business center dr. horsham pa 19044 bimbo bakeries usa acquisition of sara lee fresh bakery business receives doj approval . prnewswire.com . retrieved 23 july 2006 . philadelphia union extend deal with jersey front sponsor bimbo bakeries . mlssoccer.com . retrieved 26 june 2016 . soccer is a bimbo sport . mlssoccer.com . retrieved 26 july 2006 . branded by the devil . mlssoccer.com . retrieved 26 june 2016 . the world s biggest public companies . fortune . retrieved 26 june 2016 . bimbo a story to believe and create pdf in spanish . retrieved 2010 01 21 . compra bimbo wfi en 2 380 mdd ; ser una de las panificadoras m s grandes en eu bimbo buys wfi at 2.380 million dollars will be one of the largest bakeries in the u.s. . invertia in spanish . mexico . december 10 2008 . hugh collins and andres r. martinez december 10 2008 . grupo bimbo buys weston bread unit for 2.4 billion . bloomberg . bimbo bakeries moves u.s. headquarters from fort worth . dallas business journal . 2009 03 03 . retrieved 2010 09 20 . baking company signs on as official bread and baked goods sponsor of the union and mls . philadelphia union . january 11 2011 . retrieved january 11 2011 gammage jeff january 11 2011 . union soccer team wins sponsorship from bimbo bakery . the philadelphia inquirer . retrieved january 11 2011 a b sara lee completes sale to grupo bimbo . chicago sun times . associated press . november 7 2011 . retrieved july 20 2012 . m & a deals of the year grupo bimbo sara lee baking assets archived june 27 2012 at the wayback machine . a b regional bakers approved to purchase bimbo brands . foodbusinessnews.net . retrieved 2014 06 09 . divestiture trustee announces sale of sara lee and earthgrains brands in california and oklahoma city area to flowers foods . dechert.com . 2012 10 26 . retrieved 2014 06 09 . making dough with an original recipe worker loses part of finger at firm cited for safety violations . los angeles times . 2010 09 26 . retrieved 2010 09 26 . external links edit philadelphia portal pennsylvania portal companies portal food portal official website v t e grupo bimbo mexico barcel bubu lubu usa entenmann s heiner s holsom sara lee thomas central america breddy canada canada bread retrieved from https en.wikipedia.org w index.php title bimbo bakeries usa & oldid 743212567 categories grupo bimbobakeries of the united statescompanies based in montgomery county pennsylvaniacompanies established in 19961996 establishments in pennsylvaniaamerican subsidiaries of foreign companieshidden categories cs1 spanish language sources es articles with inconsistent citation formatsarticles with wayback machine linksuse mdy dates from may 2016 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 8 october 2016 at 14 51 . text is available under the creative commons attribution sharealike license ; 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