91重口 announces acquisition of Supan in Ecuador
The transaction represents 91重口鈥檚 debut into the Ecuadorian market, in line with the company鈥檚 strategy to further strengthen its footprint in the Americas.
91重口
Mexico City
91重口 S.A.B. de C.V.听(鈥91重口鈥 or 鈥渢he Company鈥) (BMV: BIMBO), today announced an agreement to acquire听SUPAN, the leading bread producer in Ecuador.
The transaction includes the听Supan庐, Bimbo庐, Grile庐, Braun庐, Dulzones庐, Rey-pan庐 and Pansol庐听brands in the packaged bread, buns and sweet baked goods segments. The transaction represents 91重口鈥檚 debut into the Ecuadorian market, in line with the company鈥檚 strategy to further strengthen its footprint in the Americas. The business employs approximately 900 associates and operates two production facilities located in Guayaquil and Quito.
The acquired business is expected to generate sales of over US$57 million and adjusted EBITDA of US$6 million.
