Ready Roti India Private Limited and Grupo Bimbo, S.A.B. de C.V. (BMV:BIMBO A) acquired Modern Food Enterprises Private Limited from Everfoods Asia Pte. Ltd.
February 23, 2021
Share
Ready Roti India Private Limited and Grupo Bimbo, S.A.B. de C.V. (BMV:BIMBO A) acquired Modern Food Enterprises Private Limited from Everfoods Asia Pte. Ltd. on February 24, 2021. Investec Group (JSE:INL) acted as financial advisor to to Everstone and Modern Foods on the transaction. Sidharrth Shankar, Prakriti Jaiswal, Rupinder Malik, Rajul Bohra, Ananya Kumar, Rajat Joneja, Bharat Bhushan Sharma and Vaibhav Choukse of J. Sagar Associates acted as a legal advisor to Grupo Bimbo, S.A.B. de C.V. Ankit Majmudar of Quillon Partners acted as a legal advisor to Everfoods Asia Pte. Ltd.
Ready Roti India Private Limited and Grupo Bimbo, S.A.B. de C.V. (BMV:BIMBO A) completed the acquisition of Modern Food Enterprises Private Limited from Everfoods Asia Pte. Ltd. on February 24, 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.
Ready Roti India Private Limited and Grupo Bimbo, S.A.B. de C.V. (BMV: BIMBO A) acquired Modern Food Enterprises Private Limited from Everfoods Asia Pte. Ltd.
GRUPO BIMBO, S.A.B. DE C.V. 
