Grupo Bimbo Acquires Mile Hi Bakery
October 27, 2023
Grupo Bimbo SAB de CV has acquired Mile Hi Bakery, a Denver-based supplier of buns and English muffins to quick-service restaurants (QSRs). The purchase, previously part of Mile Hi Companies owned by the Taddonio family, strengthens Bimbo's geographic presence in the U.S. QSR market and expands its customer access across the Rocky Mountain region and beyond.
- Buyers
- Grupo Bimbo SAB de CV
- Targets
- Mile Hi Bakery
- Sellers
- Mile Hi Companies (Taddonio family)
- Industry
- Food & Beverage
- Location
- Colorado, United States
- Transaction Type
- Buyout
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