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By 2009, Sara Lee was pursuing the sale of its household and body care business in their continuing effort to focus on core business. [14] In April, Sara Lee launched a state-of-the-art research and development center named The Kitchens of Sara Lee, a 120,000-square-foot (11,000 m 2) campus at the company's headquarters in Downers Grove. [15]
Bimbo Bakeries USA's story began in 1994, when Grupo Bimbo – Mexico's largest baking company, with operations in 21 countries – purchased La Hacienda, a California-based tortilla company. Bimbo Bakeries USA then entered the U.S. bread market in 1997 with the acquisition of Pacific Pride Bakeries of San Diego.
Allinson; Alvarado Street Bakery; Bimbo Bakeries USA – Arnold, Ball Park, Beefsteak, Bimbo, Brownberry, EarthGrains, Entenmann's, Eureka!Baking Company, Francisco ...
The company announced today that it's selling the unit to Mexico's Grupo Bimbo for $959 Million. The deal follows earlier reports that a sale was imminent. Sara Lee's Bakery Unit Goes to Grupo ...
The mysteriously shaped loaf of Sara Lee bread has many wishing more loaves came like this.
The company was founded by Samuel Bath Thomas (1855–1919). In 1874, he emigrated from England [ 3 ] to New York City and after other menial jobs began working in a bakery. [ 4 ] By 1880, he had purchased his bakery at 163 Ninth Avenue in Manhattan , [ 4 ] where he featured his namesake muffins that were baked on a griddle, not an oven. [ 4 ]
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Around that time, Sara Lee's stock soared 18% during premarket trading, after reports surfaced that the company turned down an offer from privately equity firm KKR for $12 billion for the entire ...