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Sara Lee pound cake is a ready-to-use freezer dessert everyone knows and loves. You can slice it for a simple strawberry shortcake, cut it into cubes and layer in a trifle or eat a forkful right ...
[1] [2] The Sara Lee name was used of a number of frozen and packaged foods, often known for the long-running slogan "Everybody doesn't like something, but nobody doesn't like Sara Lee". In 2005, Sara Lee Corporation had operations in more than 40 countries; sold food, beverage, and household products in over 180 countries; and had some 137,000 ...
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. [17]
Sara Lee Pecan Coffee Cake was a premade, frozen coffee cake that was marketed to American families in the 1970s and is remembered nostalgically. [16] [17] [18]
Sara Lee reportedly is close to cutting a deal to sell its North American bakery business to Grupo Bimbo for a sticker price of $900 million to $1 billion, according to a Bloomberg report. That ...
On August 1, 2019, Hostess announced that it was selling Superior Cake Products to Sara Lee Frozen Bakery for $65 million. [15] On December 2, 2019, Hostess announced that it was purchasing Voortman Cookies Limited, a Canadian company, from Swander Pace Capital for approximately US$320 million (C$425 million). The transaction closed in January ...
Bimbo Bakeries USA, which includes brands such as Sara Lee, Entenmann's and Ball Park buns and rolls, appears to be defying an FDA warning sent in June that said the several of the company's ...
Philadelphia-based snack cake baker Tastykake was acquired in 2011, expanding the company's markets into the mid-Atlantic region; [3] [12] in 2012, it purchased Lepage Bakeries in Maine and acquired assets and licenses from Bimbo Bakeries for Sara Lee and Earthgrains brands in California and Oklahoma City.
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