Bimbo from Mexico to purchase Supan in Ecuador, expand presence in South America

Posted on July 16, 2014 • Filed under: Business, Ecuador, Mexico

reuters.com reported the Mexican conglomerate Bimbo, a large bread maker is set to acquire the Ecuadorian bread maker Supan. The reason for the purchase is to expand Bimbo’s presence in South America. The Ecuadorian firm employs 900 among two factories located in Guayaquil and Quito. The sale price was not disclosed. Read Article

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