Grupo Bimbo acquires Beijing Million Land and Beijing Jinghongwei

Clearwater Advisor

Grupo Bimbo has acquired, in quick succession, two privately owned Beijing base companies,  Beijing Million Land and Beijing Jinghongwei.

Grupo Bimbo is one of the largest food companies in Latin America, and became the world’s largest bread manufacturer in 2011.

Beijing Million Land and Beijing Jinghongwei are both privately owned companies which produce and market a range of baked goods in the Beijing area.

Clearwater International advised Grupo Bimbo on the acquisitions.