Mekitec Oy acquired Kanan Smart Solution from Grupo Bimbo, S.A.B. de C.V. (BMV:BIMBO A).
July 28, 2021
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Mekitec Oy acquired Kanan Smart Solution from Grupo Bimbo, S.A.B. de C.V. (BMV:BIMBO A) on July 15, 2021. Kanan Smart Solution has a revenue of USD 1.8 million. The acquisition is including a software development team and local sales and service operations in Mexico. Bimbo Ventures, Grupo Bimbo’s venture arm, will now enable Mekitec to grow faster and increase its focus on baking solutions.
Mekitec Oy completed the acquisition of Kanan Smart Solution from Grupo Bimbo, S.A.B. de C.V. (BMV:BIMBO A) on July 15, 2021.
Grupo Bimbo SAB de CV is a Mexico-based company engaged in the food processing sector. The Company focuses on the manufacture, distribution and sale of bread, breakfast bread muffins and bagels, frozen bread, cakes and smaller cakes, sweet and non-sweet cookies, tortillas, pita bread, pizza bread, tostadas and tortillas, snacks, salads and candies, among others. Its segments comprise Mexico; North America, including the United States and Canada; Organization Latinamerica (OLA), including Central and South America, and Europe. The Company operates in over 20 countries and has approximately 100 brands. The Company offers over 10,000 products under various brand names, such as Bimbo, Barcel, Sara Lee, Oroweat, Marinela, Arnold, Entenmann's, Ricolino, Dempster' and Thomas'. It operates through Groupe Adghal.