Posted on

Got Bimbo?

800px-bimbotruck

Touch the Soil News #541 (feature photo courtesy of Alx 91 CC 2.0) Grupo Bimbo, from Mexico, is the world’s largest baking company. In the U.S., it owns the popular brands of Entenmann’s, Sara Lee and Thomas. Bimbo’s is one of the top advertising sponsors of major soccer teams around the globe. With almost 130,000 employees worldwide, the company is #986 of Forbes Global 1000 companies. However, when you are big, you have big investors with big appetites. From the Bimbo 2015 annual report, here is their position: “For shareholders and debtholders who entrust us with their capital, we create value through dividends, interest payments and capital gains that accrue…

Read more