Grupo Bimbo $650 million acquisition of East Balt Bakeries

21/7/2017

Private acquisition

Value:

$ 650 million

Status:

Announced

Date:

21/7/2017

Overview:

Grupo Bimbo has acquired East Balt Bakeries for $650 million from private equity fund One Equity Partners.
The deal will see Grupo Bimbo expand its presence to eight more countries.
Grupo Bimbo is a Mexico City-based bakery product company.
Atlas Advisors acted as financial adviser for the transaction.

Katrin Kostadinova - Data analyst

Jurisdictions:

Mexico
United States

Deal type:

Private acquisition

Practice areas:

Private equity
M&A

Governing law:

United States

Industry sector:

Food and beverage

Firms:

Baker McKenzie

Party: One Equity Partners (Seller)

Lawyer: Michael Fieweger

Cleary Gottlieb Steen & Hamilton

Party: Grupo Bimbo (Acquirer)

Lawyer: Chantal Kordula

Morgan Lewis & Bockius

Party: Grupo Bimbo (Acquirer)

NautaDutilh

Party: Grupo Bimbo (Acquirer)

Lawyer: Ruud Smits

White & Case

Party: Grupo Bimbo (Acquirer)

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