The Mexican bakery, Grupo Bimbo, has agreed on terms to enter the US popcorn industry with popcornopolis in a deal is worth around $200 million.
Mexican buyer: Grupo Bimbo
The Bimbo group was born from an idea in 1943. However, it was only in 1945 that this company was created. Furthermore, with Headquarters in Mexico, this group has around 20 brands within its portfolio. Nonetheless, these brands produce more than 13 thousand products with about 133 million workers, more than 200 producer plants. Therefore, thanks to this scope, the group has achieved annual sales of over $16 billion for 2020.
Popcornopolis: What's behind the popcorn maker
Popcornopolis is a company dedicated to the elaboration of popcorn. Founded in 2003 with headquarters in California, it is a leader in th...
