Grupo Bimbo [SEP] inception
Mexican Stock Exchange since 1980 and is a constituent of the IPC, the main benchmark index of Mexican stocks. 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.
History.
The company Grupo Bimbo was started in Mexico in 1945 by Lorenzo Servitje, José T. Mata, Jaime Sendra, Jaime Jorba and Alfonso Velasco. Over fifteen years, under the leadership of Daniel Servitje, current Chairman of the Board and CEO
said that by selling its North American Fresh Bakery unit to Grupo Bimbo, it could grow in other areas. The $959 million deal gave Sara Lee the right to continue using the Sara Lee name on frozen desserts and meat products. Grupo Bimbo was to use the Sara Lee name for fresh-baked products around the world except for Western Europe, Australia and New Zealand. The deal also gave Grupo Bimbo 41 baking plants, and the regional brands Grandma Sycamore's, Heiner's and Rainbo.
On January 28,