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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