M&A Deal Summary |
|
|---|---|
| Date | 2021-07-29 |
| Target | Kanan Smart Solution |
| Sector | Information Technology |
| Buyer(s) | Mekitec |
| Sellers(s) | Grupo Bimbo S.A.B. de C.V. |
| Deal Type | Divestiture |
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Mekitec is a provider of food safety by providing innovative X-ray equipment for identifying unwanted objects in food packages. Mekitec was formed in 2005 and is based in Oulu, Finland.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Information Technology) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (Mexico) | 1 of 1 |
| Year (2021) | 1 of 1 |
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 2 |
| Sector (Information Technology) | 1 of 1 |
| Type (Divestiture) | 1 of 2 |
| Country (Mexico) | 1 of 2 |
| Year (2021) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-02-24 |
Modern Food Enterprises Pvt.
Gurugram, India Modern Food was the first branded bread with a full range of white, sweet, health, and wellness breads, as well as value-added bakery products such as rusks, cakes, muffins, buns, pavs, and cream rolls. Modern Food’s bread and bakery products are manufactured and marketed nationally through a network of seven manufacturing plants and more than 80,000 outlets. Modern Food was formed in 1965 and is based in Gurugram, India. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-04-25 |
Grupo Bimbo - Ricolino
Mexico Ricolino has four manufacturing facilities and distributes its products to several channels, including traditional trade, supermarkets, convenience stores, and others. Its iconic brands Ricolino, Vero, La Corona, and Coronado are leaders in lollipops, marshmallows, chocolates, gummies, and other confectionery products. |
Sell | $1.3B |
