The trade group says the denial does not settle its concerns about a law that limits minors' access to supplements marketed for weight loss or muscle building, and the case now returns to district court.
|Articles|November 10, 2010
Sara Lee Sells Bakery Business to Grupo Bimbo
Bimbo now has rights to the North American Fresh Bakery business
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In acquiring North American Fresh Bakery, Grupo Bimbo receives the right to sell goods of the Sara Lee brand and other regional brands like Grandma Sycamore’s, Heiner’s, and Rainbo. In total, these brands are estimated to have made $2.1 billion in adjusted net sales in 12 months ending on October 2, 2010.
"Over the past decade, Sara Lee has built a successful portfolio with its Soft & Smooth breads, which is a perfect complement to BBU’s line of variety products," said BBU president Gary Prince. "When added to BBU's facilities, Sara Lee's bakeries provide us with a strong national network, as Sara Lee has a significant presence in the Midwest and Southeast while BBU's base is in the Northeast and Texas.”
For more details on the transaction, read
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