Mexican Group Bimbo Takes Over Vel Pitar in Deal Put at EUR200M

01.16.2023 By Cristian Hostiuc , Florentina Niţu

Grupo Bimbo, a Mexican multinational, considered one of the biggest businesses in the global bakery production, has acquired Vel Pitar group, the leader of Romania’s bakery market, controlled by US investment fund Broadhurst, in its turn managed by New Century Holdings.

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Keywords:: Vel Pitar; , takeover; , Grupo Bimbo

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