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Subscribe Grupo Bimbo celebrates 75th anniversary with record results, unwavering commitment and an energised position for the future By Gill Hyslop 2020 was a remarkable year for Grupo Bimbo - Daniel Servitje, chairman and CEO. The world’s largest bakery company posted outstanding financial results, reported significant market share gains, was recognised as one of the world’s most ethical companies for the fifth consecutive year and increased its global use of renewable electricity from 49% to 80%. The Mexican bakery giant also signed an agreement with Cerealto Siro Foods to acquire a production plant in Medina del Campo, Spain, and acquired Modern Foods, a leading player in the baking industry in India. ....
Bread brand Modern Foods bought by Mexico s Grupo Bimbo Modern bread holds around 35-40 per cent market share of the Indian bread market with a revenue of Rs 400 crore. Modern Foods competes with other bakery brands such as Harvest Gold, English Oven, Nature s Own and Britannia BusinessToday.In | February 25, 2021 | Updated 18:12 IST Iconic bread brand Modern Foods has been bought by Mexico s largest food and bakery company Grupo Bimbo from homegrown private equity fund Everstone Capital. Everstone had acquired the brand from Hindustan Unilever in 2016. Everstone s bread and bakery platform Everfoods Asia consists of Modern Bread brand as well as others like Cookie Man. ....
Introduction In the modern era, Intellectual property rights plays a significant role on trade of every nation. In this digitized world, there stands a higher risk of creative ideas getting stolen without the consent of the author. The need for strong IP laws gives an overall contribution in the economy of the respective state. IPR is one of the sources of security for intangible properties which are still open to the public and which can be quickly replicated by anyone. IP crimes have become the part and parcel of the digitized era leading to failure of business. Intellectual Property Intellectual Property is a generic term that defines intangible ....