Bimbo has bought Karamolegos Bakery Romania, but gave no details about the deal. The Romanian company has a €7.13m turnover
Delia Niculescu
International
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Bimbo, the Mexican group, has acquired Karamolegos Bakery Romania, which supplies packaged retail breads, without giving details of the deal. Karamolegos Bakery Romania reported for 2023 business of €7.13 million and a profit of €674,000. Bimbo entered the Romanian market in 2023 with the acquisition of Vel Pitar and reported an increase in net sales but a decrease in net profit.
Sources
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