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Grupo Bimbo, S.A.B. de C.V. (also known simply as Bimbo) is a Mexican multinational food company with a presence in over 33 countries located in the Americas, Europe, Asia and Africa. [1] It has an annual sales volume of 15 billion dollars [2] and is listed on the Mexican Stock Exchange with the ticker BIMBO. [3]
Bimbo Bakeries USA then entered the U.S. bread market in 1997 with the acquisition of Pacific Pride Bakeries of San Diego. The company grew again in 1998 with the purchase of Mrs Baird's Bakeries in Texas, which at the time was the largest family-owned bakery in the U.S. The combined operations were renamed Bimbo Bakeries USA (BBU).
Servitje has been CEO of Grupo Bimbo since May 2007, and president and CEO since July 2013. [4] Servitje is a board member of ITAM Business School, Grocery Manufacturers of America, and the Instituto Mexicano para la Competitividad. [4]
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