Language

 
  • Home
  • News
  • Press Releases
  • Grupo Bimbo Enters Into India

Share In:

Grupo Bimbo Enters Into India

With this joint venture, the company is entering a new market, strengthening our presence in emerging markets and expanding our operations to 24 countries on four continents, in line with our vision



Daniel Servitje

Acquires the majority stake of the baking leader in New Delhi and its surrounding areas.

Mexico City, May 25, 2017 - Grupo Bimbo announces a joint venture agreement with Ready Roti India Private Limited (“Ready Roti”) in the Republic of India, in which Grupo Bimbo will hold a 65% stake.

Ready Roti, founded in 1993, is the baking leader in New Delhi and its surrounding areas. It produces packaged bread, pizza bases, and sweet and savory buns, with leading brands like Harvest Gold® and Harvest Selects®. The Company generates annual sales of approximately US$ 48 million, with four plants and more than 500 associates.

“With this joint venture, the company is entering a new market, strengthening our presence in emerging markets and expanding our operations to 24 countries on four continents, in line with our vision,” stated Daniel Servitje, President and CEO of Grupo Bimbo.
Ready Roti will become a part of the Organization Europe, Asia and Africa (EAA).