World Grain - August 2014 - (Page 13)

newsreview Grupo Bimbo acquires Ecuadorean baker MEXICO CITY, MEXICO - Grupo Bimbo SAB de CV on July 15 announced it has reached an agreement to acquire Supan, the largest baking company in Ecuador. Terms of the transaction were not disclosed, but Bimbo said Supan has annual sales of about $57 million and is expected to generate adjusted EBITDA of $6 million. Supan has 900 employees and operates plants in Guayaquil and Quito. The company's brands of bread, buns and sweet goods include Supan, Bimbo, Grile, Braun, Dulzones, Rey-pan and Panso. According to Supan, the company bakes 74 different products, distributed in 24 provinces of Ecuador at 35,000 different outlets. "The transaction represents Grupo Bimbo's debut into the Ecuadorian market, in line with the company's strategy to further strengthen its footprint in the Americas," Grupo Bimbo said. Ecuador will be included in Bimbo's Latin America reporting region, which at 21.822 billion pesos ($1.685 billion) accounted for 12% of the company's net sales in 2013. EBITDA in the region last year was about 103 million pesos ($8 million). The acquisition will bring to 15 the number of countries in which Bimbo operates in Central and South America. Others include Argentina, Brazil, Colombia, Costa Rica, Chile, El Salvador, Guatemala, Honduras, Nicaragua, Paraguay, Panama, Peru, Uruguay and Venezuela. Sample Cleaner Automat SLN 3 for fully automatic assessment by cleaning and weighing of the different fractions as means of selecting grain for seed, malting, feed etc. results in accordance with process cleaning machine (3 or 4 sieves) aspiration and deawner for nearly all types of grains (e.g. oil seeds, cereals, corn, grain legumes, seeds etc.) self cleaning sorting sieve through ball cleaning system 3 loadcells and PC software for display and documentation optional housing for low noise operation Pfeuffer GmbH, Flugplatzstr. 70, DE 97318 Kitzingen Tel. +49 93 21 93 69-0, Fax +49 93 21 93 69-50, For more information, see Page 106. Didion Milling names vice-president, business development CAMBRIA, WISCONSIN, U.S. - Riley Didion has been promoted to vice-president of business development, a new position at Didion Milling. He will oversee human development, project management, research and development and yeast protein products. "Riley is a big believer in teamwork," said John Didion, chief executive officer of the Cambria, Wisconsin, U.S.-based company. "He enjoys interacting with people and exploring new opportunities. So it is a natural fit for him. He will focus on developing great people and excellent products, finding new ways to add value Didion across business units." For more information, see Page 106. / World Grain / August 2014 Sioux Falls, SD 13

Table of Contents for the Digital Edition of World Grain - August 2014

World Grain - August 2014
Table of Contents
From the Editor-in-chief - Fundamentals drive wheat prices
Calendar of Events
Latin American milling conferences
News Review - Interflour to build flour mill in Philippine free-trade zone
San Miguel to double flour milling capacity
ADM Milling completes expansion in Indiana
Bartlett building grain facility in Kansas
Cargill to build grain facility in Arkansas
Grupo Bimbo acquires Ecuadorean baker
Didion Milling names vice-president, business development
GrainCorp buys stake in Egyptian flour miller
Egypt purchases 5.1 million tonnes of wheat in 2013-14
United Grain plans bigger expansion at port
E.U. feed groups want decision on GMs
Toepfer renamed ADM Germany
E.U., EIB to work together on agriculture
Uzbekistan harvests record 8 million tonnes of grain
Ungashick joins World Grain sales team
E.U. sets import duty for first time in nearly four years
CHS earnings up 51% in third quarter
CHS makes management changes
Ardent Mills selects office location
Grain Market Review - Coarse grains
Country Focus - South Africa
Feature - Dawn of a New Era
Ardent Mills partners, executives, bring deep roots in flour milling
Regional Review - A Vital Grain Producer
Regional Review - Overflowing with Oilseeds
Regional Review - Export Challenges
Feature - Using Corn as a 'Lifeline'
LifeLine products
Technical Profile - Demanding the best
Feature - A Growing Issue
Feed Operations - Pellet Mills
Feature - Debugging your facility
Species spotted
Guest Commentary - Unforgettable: How flour saved Berlin
Feature - Olam's rice nucleus program
Rice Quarterly - UN sets acceptable levels of arsenic in rice
New rice mill planned for Arkansas
Italy wants ‘fairer’ rice deal
Thailand province developing jasmine rice
Thailand’s rice price shoots up on drought
Supplier News
Product Showcase
World Grain Archive
Ad Index/Fax Back Program

World Grain - August 2014