M&A Deal Summary

Grupo Bimbo S.A.B. de C.V. Acquires Maple Leaf Foods - Canada Bread

On February 12, 2014, Grupo Bimbo S.A.B. de C.V. acquired food company Maple Leaf Foods - Canada Bread from Maple Leaf for 1.8B USD

Acquisition Highlights
  • This is Grupo Bimbo S.A.B. de C.V.’s 1st transaction in the Food sector.
  • This is Grupo Bimbo S.A.B. de C.V.’s largest (disclosed) transaction.
  • This is Grupo Bimbo S.A.B. de C.V.’s 1st transaction in Canada.

M&A Deal Summary

Date 2014-02-12
Target Maple Leaf Foods - Canada Bread
Sector Food
Buyer(s) Grupo Bimbo S.A.B. de C.V.
Sellers(s) Maple Leaf
Deal Type Divestiture
Deal Value 1.8B USD

Target

Maple Leaf Foods - Canada Bread

Canada
Maple Leaf Foods - Canada Bread is a provider of meat products business.

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Buyer(S) 1

Buyer

Grupo Bimbo S.A.B. de C.V.

Mexico

website


Category Company
Founded 1945
Sector Food
DESCRIPTION

Grupo Bimbo, S.A.B. de C.V. is a provider of baking companies in the world in terms of production and sales volume. As the market leader in the Americas, Grupo Bimbo has 144 plants and more than 1,600 distribution centers strategically located in 19 countries throughout the Americas, Europe and Asia. Its main product lines include sliced bread, buns, cookies, snack cakes, English muffins, bagels, pre-packaged foods, tortillas, salted snacks and confectionery products, among others.


DEAL STATS #
Overall 1 of 4
Sector (Food) 1 of 4
Type (Divestiture) 1 of 1
Country (Canada) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-27 Panettiere

Bogota, Colombia

Panettiere is a frozen baked foods business. Panettiere headquartered in Bogota, Colombia.

Buy -

Seller(S) 1

SELLER

Maple Leaf

Mississauga, Ontario, Canada

website


Category Company
Sector Food
Employees14,000
Revenue 4.7B CAD (2022)
DESCRIPTION

Maple Leaf is a provider of consumer packaged prodcuts headquartered in Toronto, Ontario. Company make high-quality, great tasting, nutritious and innovative food products under leading brands including Maple Leaf, Maple Leaf Prime, Maple Leaf Natural Selections, Schneiders, Schneiders Country Naturals and Mina.


DEAL STATS #
Overall 4 of 5
Sector (Food) 2 of 2
Type (Divestiture) 4 of 5
Country (Canada) 4 of 5
Year (2014) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-28 Rothsay

Guelph,, Ontario, Canada

Rothsay is a provider of essential services for the efficient and environmentally responsible management of collecting, processing and recycling edible and inedible animal by-products.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-21 Lightlife Foods

Turners Falls, Massachusetts, United States

Lightlife Foods, Inc. is a brand with product lines that include vegetarian-based burgers, hotdogs and other meatless frozen and refrigerated items.

Buy $140M