Bimbo Group, one of the largest baking companies in the world, completed four acquisitions during the first quarter of 2024, said Daniel Servitje, chief executive officer and chairman. The company is now active in 35 countries worldwide.
In Romania, Bimbo acquired Trei Brutari, a baker of bread and cookies and the second largest player in Bucharest and the South region with three facilities in Targoviste, Iasi and Buzau. In Tunisia, Bimbo acquired Moulin d’Or, the leading producer of sweet baked foods. The company’s products include individual cakes, family-size cakes, pastries, cookies, bread, tarts and tartlets. It is Bimbo’s first in Tunisia. In Costa Rica, Bimbo purchased La Zarcereña, the leading producer of sweet baked foods and a baker of cookies and snacks. The fourth acquisition was in Turkey, where it acquired a 30% stake in UNO, a baker of packaged bread. Founded in 1990, UNO has three facilities and 2,000 employees. Its products include bread, snacks and pastries.
The acquisition of Trei Brutari – confirmed at USD108.9m – is Bimbo’s second in Romania in as many years. In January 2023 the company acquired Vel Pitar from NCH Capital.