DOCSLIB.ORG

Bimbo Bakeries Usa Offering Memorandum | 3500 Mustang Court | Springfield, Il Confidentiality Agreement

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Bimbo Bakeries Usa Offering Memorandum | 3500 Mustang Court | Springfield, Il Confidentiality Agreement SUBJECT PROPERTY BIMBO BAKERIES USA OFFERING MEMORANDUM | 3500 MUSTANG COURT | SPRINGFIELD, IL CONFIDENTIALITY AGREEMENT This Memorandum does not constitute a representation that the business or affairs of the Property or Seller since the date of preparation (DATE) of this Memorandum have remained the same. Analysis and verification of the OFFERED EXCLUSIVELY BY information contained in this Memorandum are solely the NET LEASE PRACTICE GROUP responsibility of the prospective purchaser. Additional information and an opportunity to inspect the JERRY HOPKINS Property will be made available upon written request of Executive Managing Director interested and qualified prospective purchasers. Seller 918.878.9536 and Agent each expressly reserve the right, at their sole [email protected] discretion, to reject any or all expressions of interest or KEN HEDRICK offers regarding the Property, and/or terminate discussions Executive Managing Director with any party at any time with or without notice. Seller 918.878.9540 reserves the right to change the timing and procedures for [email protected] the Offering process at any time in Seller’s sole discretion. Seller shall have no legal commitment or obligations to D. ANDREW RAGSDALE, Esq. any party reviewing this Memorandum, or making an offer Senior Managing Director to purchase the Property, unless and until such offer is 918.878.9535 approved by Seller, and a written agreement for the purchase [email protected] of the Property has been fully executed and delivered by Seller and the Purchaser thereunder. Broker of Record: This Memorandum and the contents, except such Carrie Frye information which is a matter of public record or is provided Executive Vice President, Market Leader in sources available to the public, are of a confidential 312.224.3124 nature. By accepting this Memorandum, you agree that you IL RE LIC #471020937 will hold and treat it in the strictest confidence, that you will not forward, photocopy or duplicate it, that you will not disclose this Memorandum or any of the contents to any other entity (except to outside advisors retained by you, if necessary, for your determination of whether or not to make a proposal and from whom you have obtained an agreement of confidentiality) without the prior written authorization of Seller or Agent, and that you will not use this Memorandum or any of the contents in any fashion or manner detrimental to the interest of Seller or Agent. 2 BIMBO BAKERIES USA: SPRINGFIELD NMRK NET LEASE CAPITAL MARKETS THE INVESTMENT 5 THE OFFERING 6 INVESTMENT HIGHLIGHTS THE TENANT 8 TENANT/CREDIT OVERVIEW 9 LEASE ABSTRACT RENT SCHEDULE 11 LOCATION MAP 12 AERIAL MAP 15 SITE PLAN SPRINGFIELD, ILLINOIS 17 LOCATION OVERVIEW 18 DEMOGRAPHICS 3 BIMBO BAKERIES USA: SPRINGFIELD NMRK NET LEASE CAPITAL MARKETS THE INVESTMENT 4 BIMBO BAKERIES USA: SPRINGFIELD NMRK NET LEASE CAPITAL MARKETS Property Summary Price $2,300,000 Cap Rate 5.60% NOI $128,983 THE OFFERING Newmark Net Lease Capital Markets has been retained to exclusively offer the opportunity to purchase the Bimbo Bakeries USA-leased property located in Springfield, Illinois. Bimbo Bakeries USA | Springfield, Illinois The facility is leased to Bimbo Bakeries USA, LLC under a 15 year lease with Location 3500 Mustang Court approximately 10.5 years remaining. Bimbo Bakeries is operating under a NN Property description Office / Warehouse Distribution lease with landlord responsibilities limited to maintaining and replacing the roof and structure for the duration of the lease -- and parking for the first five Building area 8,500 years. The lease features 5% rental escalations every five years throughout Acreage 2.06 the initial term and the three (3), five (5) year options periods. Construction Metal The property is centrally located within close proximity to Interstate 55 Dock doors 9 (39,000 VPD) and Interstate 72. Other nearby national credit tenants include Coca-Cola and Wal-Mart to name a few. In addition, the area is well populated Environmental Clean Phase I with a population of 155,000 residents in a 10-mile radius. Parking lot Concrete Bimbo Bakeries USA, LLC is the American corporate arm of the $15.45BB Year built 2016 multi-national bakery company Grupo Bimbo (BMV:BIMBO). In 2019, Grupo Remaining term Approximately 10.5 years Bimbo North American division generated $7.6BB in revenues. The US division has over 20,000 employees and is headquartered in Horsham, PA. Room to expand Yes (4,700 SF) Grupo Bimbo owns an investment grade credit rating of BBB by Standard & Poor’s and is currently #49 on the Fortune 500 list. 5 BIMBO BAKERIES USA: SPRINGFIELD NMRK NET LEASE CAPITAL MARKETS INVESTMENT HIGHLIGHTS BUILT TO SUIT CONSTRUCTION WITH ADD’L ROOM TO EXPAND The subject property was built in 2016 and consists of a 8,500 SF building on a 2.06 acre parcel of land with additional room to expand. This was a built-to-suit project developed specifically for the tenant who uses the facility as sorting and distribution facility for the Springfield MSA. STRONG, INVESTMENT GRADE CREDIT PARENT 10+ YEAR Bimbo Bakeries USA, LLC is the American corporate arm of the $15.45 billion multi-national bakery company LEASE TERM Grupo Bimbo (BMV:BIMBO). In 2019, the North American Division generated $7.6 billion in revenues. Grupo Bimbo owns an investment grade credit rating of BBB by Standard & Poor’s. Bimbo Bakeries USA, LLC is headquartered in Horsham, PA with 20,000 U.S. employees and over 60 US bakeries. RENTAL INCREASES 5% EVERY FIVE YEARS LONG-TERM PASSIVE LEASE Bimbo Bakeries USA, LLC signed a 15 year lease with 10.5 years of term remaining (Lease expiration date of BUILT TO SUIT CONSTRUCTION 12/1/2031). The lease features landlord responsibilities limited to maintenance and replacement of roof and structure for the life of the lease, and parking for the first five years. INDUSTRIAL DISTRIBUTION ATTRACTIVE RENT ESCALATIONS The Bimbo Bakeries USA, LLC lease also include 5% rent escalations every five years in the initial term and throughout the three (3), five (5) year renewal options. INTERSTATE JUST OFF 55 INTERSTATE 55 STRONG LOGISTICS LOCATION 39,188 VPD The property is centrally located within close proximity to Interstate 55 (39,000 VPD) and Interstate 72 (13,000 VPD). Other nearby national credit tenants include Coca-Cola and Wal-Mart to name a few. In addition, the area is well populated with a growing population of 155,000 residents in a 10-mile radius. HOME OF THE ABRAHAM LINCOLN PRESIDENTIAL LIBRARY 6 BIMBO BAKERIES USA: SPRINGFIELD NMRK NET LEASE CAPITAL MARKETS THE TENANT 7 BIMBO BAKERIES USA: SPRINGFIELD NMRK NET LEASE CAPITAL MARKETS Parent TENANT/CREDIT OVERVIEW Grupo Bimbo Grupo Bimbo is the largest baking company in the world generating $15.45 Guarantor billion in net sales in 2019. They produce and distribute fresh and frozen Bimbo Bakeries USA, LLC sliced bread, buns, cookies, snacks, salted snacks and confectionery products, among others, in 32 countries throughout the Americas, Europe S&P RATING and Asia. The North American division generates approximately 49% of BBB (Parent) Grupo Bimbo’s total revenues and 41% of their EBITDA. Bimbo Bakeries USA, LLC is the Stock Symbol American corporate arm of the multinational bakery company. BMV: BIMBO Bimbo Bakeries USA’s story begins in 1994, when Grupo Bimbo – Mexico’s largest baking company with operations in 32 countries – purchased La Hacienda, a California-based U.S. Corporate HQ tortilla company. Bimbo Bakeries USA then entered the U.S. bread market in 1997 with the Horsham, PA acquisition of Pacific Pride Bakeries of San Diego. The company grew again in 1998 with the purchase of Mrs. Baird’s Bakeries in Texas, which at the time was the largest family-owned 2019 North American Revenues $7.6 billion bakery in the U.S. The combined operations were renamed Bimbo Bakeries USA (BBU). In 2002, BBU acquired the Western U.S. baking business of George Weston Ltd., adding such Industry iconic premium brands as Oroweat®, Entenmann’s®, Thomas’® and Boboli®. In 2009, Food Processing & Distribution Grupo Bimbo purchased the remaining U.S. fresh baked goods business of George Weston Number of U.S. Employees Ltd., adding brands such as Arnold®, Brownberry®, Freihofer’s® and Stroehmann®. 20,000 In 2011, BBU completed its largest acquisition to date: Sara Lee’s North American Fresh Website Bakery business. Adding Sara Lee’s bread business doubled BBU in size, enabling them to www.bimbobakeriesusa.com better deliver on their mission, vision and values. Today, BBU operates more than 60 bakeries, employs more than 20,000 associates and distributes products through 11,000 sales routes throughout the United States. 8 BIMBO BAKERIES USA: SPRINGFIELD NMRK NET LEASE CAPITAL MARKETS 3500 MUSTANG COURT | SPRINGFIELD, ILLINOIS PURCHASE PRICE $2,300,000 CAP RATE 5.60% LEASE ABSTRACT PROPERTY SPECIFICS Rent Commencement Date: November 30, 2016 Bimbo Bakeries USA | Springfield, IL Annual Rent: $128,983 Location 3500 Mustang Court LED: 12/1/2031 Year built 2016 Tenant/Guarantor: Bimbo Bakeries USA, Inc. SF 8,500 Rent Increases: 5% every 5 years Acreage 2.06 Option Periods: 3, 5 years options Construction: Metal (Pre-engineered Steel) NN - Roof, Structure, Parking Lot Expenses: Dock doors 9 (first 5 years only) Environmental Clean Phase I Parking lot Concrete Clear height 18 ft. RENT SCHEDULE Room to expand Yes (4,700 SF) Year Annual Rent Monthly Rent Bump 1-5 $128,983.25 $10,748.60 6-10 $135,432.41 $11,286.03 5% 11-15 $142,204.03 $11,850.34 5% Option Period 1 $149,314.23 $12,442.85 5% Option Period 2 $156,779.94 $13,065.00 5% Option Period 3 $164,618.93 $13,718.24 5% ACTUAL SITE 9 BIMBO BAKERIES USA: SPRINGFIELD NMRK NET LEASE CAPITAL MARKETS SUBJECT PROPERTY 10 BIMBO BAKERIES USA: SPRINGFIELD NMRK NET LEASE CAPITAL MARKETS DISTANCE TO SUBJECT PROPERTY CHICAGO 3 hr 2 min SPRINGFIELD KANSAS CITY 4 hr 39 min ST.
Load more

Recommended publications
  • Global Profile Local Character
    strategy execution sustainability leadership strength discipline flexibility Global profile local character 2009 Annual Report 1 Central America Region America Central Headquartered in San José, Costa Rica. Countries included: Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama. Principal brands are Bimbo, Breddy, Europa, Ideal, Lido, La Mejor, Marinela, Milpa Real, Monarca, Pix and Ricolino. Latin America Organizacion Latinoamerica Headquartered in Buenos Aires, Argentina. Countries included: Argentina, Brazil, Chile, Colombia, Paraguay, Peru, Uruguay and Venezuela. Principal brands are Agua de Piedra, Ana Maria, Bimbo, Cena, Firenze, Fuchs, Holsum, Ideal, Lagos del Sur, Lalo, Laura, Los Sorchantes, Maestro Cubano, Mama Ines, Marinela, Nutrella, Oroweat, Plucky, Plus Vita, Pullman, Pyc, Ricard, Ricolino and Trigoro. China Organizacion Asia Headquartered in Beijing, China with the Bimbo and Million Land brands. One of the leading manufacturers of bakery products and prepared foods, with distribution in cities north of Beijing as well. Main products are biscuits; packaged bread in such varieties as white, whole wheat, milk and corn; pastries; and prepared foods like sandwiches and hamburgers. 98 plants 2 Mexico Organizacion Barcel S.A. de C.V. Headquartered in Lerma, Mexico. Principal brands are Barcel, Grupo Bimbo Coronado, Juicee Gummee, La Corona and Ricolino. today Mexico Advanced Gastronomy and Pastries Headquartered in Mexico City and located in 18 states throughout the country. Its principal brands are El Globo, with 125 years of history; La Balance with 25 years; and El Molino with 80 years. Fine traditional Mexican pastries. Mexico Bimbo S.A. de C.V. Headquartered in Mexico City. Principal brands are Bimbo, Del Hogar, Gabi, Lara, Lonchibon, Marinela, Milpa Real, Oroweat, Saníssimo, Suandy, Tía Rosa and Wonder.
    [Show full text]
  • Company Profile CONTENTS Grupo Bimbo Is the Leading Baked Goods Company in the World
    GR U PO BIMBO | 08 A NN UAL UAL R E port FOCUS ON EXECUTION COMPANY PROFILE CONTENTS Grupo Bimbo is the leading baked goods company in the world. It Financial Highlights 3 generated $82.3 billion pesos in net sales in 2008. Letter from the Chairman 4 www.grupobimbo.com We make over 5,000 products under more than 150 well-known Letter from the CEO 6 Prolongación Paseo de la Reforma No. 1000 brands names in categories such as bread, buns, cookies, cakes, Vision 2010 8 pastries, sweet bread, muffins, bagels, packaged foods, tortillas, salted A company with trustworthy, leading brands 9 Col. Peña Blanca Santa Fé snacks and confectionary goods. Through continuous innovation, we Our customers’ preferred supplier 10 A strong and sound Company 11 Delegación Álvaro Obregón are satisfying consumer tastes and enhancing the nutritional value of A forward looking Company 12 our product portfolio. México D.F., 01210 An extraordinary place to work 13 Our Group is comprised of more than 108,000 associates in 18 Tel: (5255) 5268.6600 Management Committee 14 countries. We have one of the most extensive distribution networks in Board of Directors 15 the world, with more than 41,000 routes and more than 1.8 million Governance Committees 15 points of sale. Grupo Bimbo’s shares are traded on the Mexican Stock Board Members 16 Exchange under the ticker symbol BIMBO. Advisory Board 18 The Group signed an agreement in December 2008 to acquire the Corporate Governance 19 baking business of Weston Foods, Inc. (WFI) in the United States.
    [Show full text]
  • FIC-Prop-65-Notice-Reporter.Pdf
    FIC Proposition 65 Food Notice Reporter (Current as of 9/25/2021) A B C D E F G H Date Attorney Alleged Notice General Manufacturer Product of Amended/ Additional Chemical(s) 60 day Notice Link was Case /Company Concern Withdrawn Notice Detected 1 Filed Number Sprouts VeggIe RotInI; Sprouts FruIt & GraIn https://oag.ca.gov/system/fIl Sprouts Farmers Cereal Bars; Sprouts 9/24/21 2021-02369 Lead es/prop65/notIces/2021- Market, Inc. SpInach FettucIne; 02369.pdf Sprouts StraIght Cut 2 Sweet Potato FrIes Sprouts Pasta & VeggIe https://oag.ca.gov/system/fIl Sprouts Farmers 9/24/21 2021-02370 Sauce; Sprouts VeggIe Lead es/prop65/notIces/2021- Market, Inc. 3 Power Bowl 02370.pdf Dawn Anderson, LLC; https://oag.ca.gov/system/fIl 9/24/21 2021-02371 Sprouts Farmers OhI Wholesome Bars Lead es/prop65/notIces/2021- 4 Market, Inc. 02371.pdf Brad's Raw ChIps, LLC; https://oag.ca.gov/system/fIl 9/24/21 2021-02372 Sprouts Farmers Brad's Raw ChIps Lead es/prop65/notIces/2021- 5 Market, Inc. 02372.pdf Plant Snacks, LLC; Plant Snacks Vegan https://oag.ca.gov/system/fIl 9/24/21 2021-02373 Sprouts Farmers Cheddar Cassava Root Lead es/prop65/notIces/2021- 6 Market, Inc. ChIps 02373.pdf Nature's Earthly https://oag.ca.gov/system/fIl ChoIce; Global JuIces Nature's Earthly ChoIce 9/24/21 2021-02374 Lead es/prop65/notIces/2021- and FruIts, LLC; Great Day Beet Powder 02374.pdf 7 Walmart, Inc. Freeland Foods, LLC; Go Raw OrganIc https://oag.ca.gov/system/fIl 9/24/21 2021-02375 Ralphs Grocery Sprouted Sea Salt Lead es/prop65/notIces/2021- 8 Company Sunflower Seeds 02375.pdf The CarrIngton Tea https://oag.ca.gov/system/fIl CarrIngton Farms Beet 9/24/21 2021-02376 Company, LLC; Lead es/prop65/notIces/2021- Root Powder 9 Walmart, Inc.
    [Show full text]
  • U.S.$800,000,000 4.50% Notes Due 2022
    OFFERING MEMORANDUM U.S.$800,000,000 4.50% Notes due 2022 Guaranteed by Bimbo, S.A. de C.V., Barcel, S.A. de C.V., Bimbo Bakeries USA, Inc., Bimbo Foods, Inc. and Earthgrains Bakery Group, Inc. We are offering U.S.$800,000,000, aggregate principal amount of our 4.50% notes due 2022, or the notes. Interest on the notes will accrue at a rate of 4.50% per year. We will pay interest on the notes semi-annually in arrears on January 25 and July 25 of each year, commencing on July 25, 2012. The notes will mature on January 25, 2022. The notes will be our senior obligations and will be guaranteed by certain of our subsidiaries. The notes will rank at least pari passu in right of payment with all of our unsecured and unsubordinated debt, and the guarantees will rank at least pari passu in right of payment with all unsecured and unsubordinated debt of each subsidiary guarantor (in each case, subject to any priority rights pursuant to applicable law). We may redeem the notes in whole or in part at any time at a redemption price equal to the greater of par and a make- whole amount described herein. See “Description of the Notes – Optional Redemption.” In addition, we may redeem the notes, in whole but not in part, at 100% of their principal amount plus accrued interest and additional amounts, if any, upon the occurrence of specified events relating to Mexican tax law, all as described under “Description of the Notes –Redemption.” Application has been made to the Irish Stock Exchange for the notes to be admitted to the Official List and trading on the Global Exchange Market, which is the exchange-regulated market of the Irish Stock Exchange.
    [Show full text]
  • Sara Lee North American Fresh Bakery Acquisition
    Sara Lee North American Fresh Bakery Acquisition November 9, 2010 0 Transaction Overview Grupo Bimbo acquires: North American Fresh Bakery Division of Sara Lee Corporation (“Sara Lee NAFB”) Royalty-free perpetual license to the Sara Lee® brand in fresh bakery category and select geographies Purchase price: enterprise value of US$959 million Identified synergies of US$150 – US$200 million by 2013 Sales & distribution, manufacturing, purchasing, selling & marketing and overhead rationalization Implied transaction multiples (a) FV/LTM Revenues: 0.5x FV/LTM EBITDA: 8.9x FV/Synergized EBITDA: 3.7x (b) Expected closing: first half of 2011 ____________________ a) LTM as of October 2, 2010 b) Assuming US$150 million synergies 1 1 Grupo Bimbo’s Pro Forma Mix Current Mix Pro Forma Mix LTM Q3 2010 Net Sales: US$9.1 billion LTM Q3 2010 Net Sales: US$11.1 billion LatAm LatAm +23% Growth 12% 10% Mexico Mexico 38% 47% U.S. 41% U.S. 52% LTM Q3 2010 EBITDA: US$1.3 billion LTM Q3 2010 EBITDA: US$1.4 billion LatAm LatAm +8% Growth 5% 5% U.S. U.S. 34% 39% Mexico Mexico 56% 61% ____________________ Grupo Bimbo LTM as of Q310 Converted to US$ using a 365-day average exchange rate of $12.80 Sara Lee NAFB LTM as of October 2, 2010 2 2 While Generating Value To Shareholders, Transaction Maintains Grupo Bimbo’s Strength And Flexibility Grupo Bimbo Leverage Ratio Evolution (a) Total Debt/EBITDA 3.3x 2.6x 2.3x 2.0x 1.5x 1.2x 1.1x 0.7x (b) 2004 2005 2006 2007 2008 PF 2009 2010E 2010 PF ____________________ a) Assuming the acquisition is funded with a combination of cash on hand and debt for US$700 million b) Pro-forma for Weston Foods, Inc.
    [Show full text]
  • Bartosiake V. Bimbo Bakeries USA, Inc
    Case: 1:21-cv-04495 Document #: 1 Filed: 08/23/21 Page 1 of 15 PageID #:1 UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION Wayne Bartosiake, individually and on behalf 1:21-cv-04495 of all others similarly situated, Plaintiff, - against - Class Action Complaint Bimbo Bakeries USA, Inc., Jury Trial Demanded Defendant Plaintiff alleges upon information and belief, except for allegations pertaining to plaintiff, which are based on personal knowledge: 1. Bimbo Bakeries USA, Inc. (“defendant”) manufactures, labels, markets, and sells a chocolate cake purporting to be iced with chocolate fudge (“Chocolate Fudge Iced Cake”), under the Entenmann's brand (“Product”). 2. This representation is misleading because it gives consumers the impression the Product contains a greater relative and absolute amount of fudge than it does. 1 Case: 1:21-cv-04495 Document #: 1 Filed: 08/23/21 Page 2 of 15 PageID #:2 I. DEFINITIONS OF FUDGE 3. Fudge “is a type of sugar candy that is made by mixing sugar, butter and milk.”1 4. Though fudge can have almost any flavor, milkfat is the central component. 5. An 1893 recipe for fudge called for “Four cups granulated sugar; one cup cream; one cup water; one-half cake chocolate; one-half Cup butter.”2 6. In 1896, The Los Angeles Times published the original fudge recipe by the Vassar students credited with first making fudge: “Two cups of sugar, one cup of milk, a piece of butter one-half the size of an egg” and added flavoring.3 7. A 1902 fudge recipe from Mrs.
    [Show full text]
  • I GRUPO BIMBO, S.A.B. DE C.V
    TRANSLATION FOR INFORMATION PURPOSES ONLY ANNUAL REPORT OF GRUPO BIMBO, S.A.B. DE C.V. Annual Report filed pursuant to the general provisions applicable to securities issuers and other participants in the securities’ market (disposiciones de carácter general aplicables a las emisoras de valores y a otros participantes del mercado de valores) for the fiscal year ended on December 31, 2018. Name of the issuer: Grupo Bimbo, S.A.B. de C.V. Headquarters: Prolongación Paseo de la Reforma No. 1000, Colonia Peña Blanca Santa Fe, C.P. 01210, Mexico City. The address of Grupo Bimbo, S.A.B. de C.V. on the Internet is www.grupobimbo.com, provided, however, that the information contained therein is not part of this Annual Report. Outstanding shares: the authorized capital stock of Grupo Bimbo, S.A.B. de C.V. consists of Series “A” common shares, ordinary, nominative, with no par value, registered under the Securities Section of the National Securities Registry (“RNV”) and listed on the Mexican Stock Exchange (Bolsa Mexicana de Valores, S.A.B. de C.V.). Also, Grupo Bimbo, S.A.B. de C.V. has issued the notes (“Certificados Bursátiles”), which are described below. Ticker symbol: “BIMBO”. The registration in the National Securities Registry does not constitute a certification as to the investment quality of the securities, the solvency of the issuer, or the accuracy or veracity of the information contained in this Annual Report, nor does it validate the acts, if any, that were carried out in violation of the laws. Mexico City, April 30, 2019 i GA #221262v3 TRANSLATION FOR INFORMATION PURPOSES ONLY KEY INFORMATION WITH RESPECT TO THE NOTES (CERTIFICADOS BURSATILES) ISSUED BY GRUPO BIMBO, S.A.B.
    [Show full text]
  • 2020 Integrated Annual Report
    2020 #challengeA TIME TO RESPOND accepted 2020 INTEGRATED ANNUAL REPORT #challengeaccepted to face a new reality... and a global crisis WE ADAPTED BAKERIES THAT WERE NO LONGER IN OPERATION TO MEET THE DEMAND OF THE MARKETS WE SERVE #challengeaccepted to never stop... and respond to market needs WE MEET THE NEEDS OF OUR CUSTOMERS AND CONSUMERS LEVERAGING THE ADVANTAGES OF DIRECT DISTRIBUTION TO STORES #challengeaccepted to care for our people… and protect the health of our associates +6,000 ASSOCIATES WITH HEALTH RISKS WERE SENT HOME #challengeaccepted to embrace change... and continue working closer than ever before ~5K ASSOCIATES WORK REMOTELY FROM HOME IN COMPLETE COORDINATION #challengeaccepted to continue being close... and nourish a better world WE REINFORCED OUR DIGITAL CHANNELS TO REACH THE HOMES OF OUR CONSUMERS TO EACH AND EVERY ONE OF US WHO ARE PART OF THE GRUPO BIMBO FAMILY WE OFFER OUR DEEPEST RESPECT AND ADMIRATION FOR COURAGEOUSLY FACING thankSUCH A CHALLENGING YEAR THATyou WE WILL ALWAYS REMEMBER… . 2020 Annual Report 7 MISSION BELIEFS Delicious and nutritious • We value the person baked goods and snacks • We are a community in the hands of all. • We get results PHILOSOPHY • We compete and win • We are sharp operators Building a sustainable, • We act with integrity PURPOSE highly productive and deeply humane • We transcend and endure nourishing a company. GRUPO BIMBO IS THE WORLD’S LARGEST AND LEADING BAKING COMPANY AND AN IMPORTANT PLAYER IN SNACKS. IT HAS OVER 203 BAKERIES AND OTHER PLANTS, WITH APPROXIMATELY 1,700 SALES CENTERS STRATEGICALLY LOCATED THROUGHOUT 33 COUNTRIES IN THE AMERICAS, EUROPE, ASIA, AND AFRICA.
    [Show full text]
  • Citigroup HSBC J.P. Morgan Mitsubishi UFJ Securities the Date of This Offering Memorandum Is June 25, 2014
    OFFERING MEMORANDUM U.S.$800,000,000 3.875% Notes due 2024 U.S.$500,000,000 4.875% Notes due 2044 Guaranteed by Bimbo, S.A. de C.V., Barcel, S.A. de C.V. and Bimbo Bakeries USA, Inc. We are offering U.S.$800,000,000 aggregate principal amount of our 3.875% notes due 2024, or the 2024 notes, and U.S.$500,000,000 aggregate principal amount of our 4.875% notes due 2044, or the 2044 notes and, together with the 2024 notes, the notes. Interest on the 2024 notes will accrue at a rate of 3.875% per year. Interest on the 2044 notes will accrue at a rate of 4.875% per year. We will pay interest on each series of notes semi-annually in arrears on June 27 and December 27 of each year, commencing on December 27, 2014. The 2024 notes will mature on June 27, 2024. The 2044 notes will mature on June 27, 2044. The notes will be our senior obligations and will be guaranteed by certain of our subsidiaries. The notes will rank at least pari passu in right of payment with all of our unsecured and unsubordinated debt, and the guarantees will rank at least pari passu in right of payment with all unsecured and unsubordinated debt of each subsidiary guarantor (in each case, subject to any priority rights pursuant to applicable law). We may redeem the notes of any series, in whole or in part, at any time at a redemption price equal to the greater of par and a make-whole amount described herein.
    [Show full text]
  • Exhibitor Listing As of 10/2/21
    2019 NACS Show Exhibitor Listing as of 10/2/21 Name Booth 1-800 Bollards /Post Guard 5167 1908 Candy/Sherwood Brands 6443 28 BLACK 6764 2X Mobile / Sorority Shop SQS Wholesale 5922 3M SPSD 7465 5-hour Energy 1007 7 Days (EPTA America, LLC) 5710 A&W Restaurants, Inc. 8407 Abierto Networks 7928 ABLE APPLIED TECHNOLOGIES 5073 Accruent 3570 Acosta Sales & Marketing 6743 ACP, Inc., An Ali Group Company 7610 Action Imports Action Imports 6701 Acumera, Inc. 3568 Adande Refrigeration Inc 350 ADD Systems 4053 Adrenaline Shoc 2513 ADT Commercial 551 Advance Tabco 249 Advanced Enviro Systems 3603 Advanced Wireless Communications 537 Advantage Solutions 1011 Aer Cigs 6058 Agilence, Inc 533 Agropur BiPro USA, Natrel 425 Aii, Inc. 8066 Airocbd 5858 AK Pizza Crust 7665 AKR CORP 6864 Albanese Confectionery 5806 Alberta Payments & Technology 432 Alessi Bakeries 8610 Alliant Coffee Solutions 233 Allied Electronics, Inc. 4604 Allied Electronics, Inc. 3967 Alligator Ice 7621 AllOver Media 6010 Almark Foods 8651 ALO Drinks By SPI West Port, Inc. 6907 ALPHA FOODS 334 Alto-Shaam, Inc. 8705 Altria Group Distribution CO 3131 Amazon Business 521 American Coalition for Ethanol 5015 American Licorice Company 6625 American Security Products aka AMSEC 3970 American Snuff Company 1631 AmeriGas Propane Exchange 5824 amoroso's baking hearth baked bread and rolls 230 AMP Co. LLC 5556 Amplify Snack Brands 1548 Anchor Packaging 7155 Angola Wire Products, Inc. 3608 Anheuser-Busch 1331 Anthony / Hillphoenix 8543 APW Wyott 8017 Arcobasso Foods 8410 Arizona Iced Tea Energy Shots - Bigelow Tea 7070 Armor Safe Technologies LLC 3571 Armored AutoGroup Sales Inc.
    [Show full text]
  • Bimbo Bakeries USA Inc V. Chris Botticella
    Opinions of the United 2010 Decisions States Court of Appeals for the Third Circuit 7-27-2010 Bimbo Bakeries USA Inc v. Chris Botticella Follow this and additional works at: https://digitalcommons.law.villanova.edu/thirdcircuit_2010 Recommended Citation "Bimbo Bakeries USA Inc v. Chris Botticella" (2010). 2010 Decisions. 821. https://digitalcommons.law.villanova.edu/thirdcircuit_2010/821 This decision is brought to you for free and open access by the Opinions of the United States Court of Appeals for the Third Circuit at Villanova University Charles Widger School of Law Digital Repository. It has been accepted for inclusion in 2010 Decisions by an authorized administrator of Villanova University Charles Widger School of Law Digital Repository. PRECEDENTIAL UNITED STATES COURT OF APPEALS FOR THE THIRD CIRCUIT No. 10-1510 BIMBO BAKERIES USA, INC. v. CHRIS BOTTICELLA, Appellant On Appeal from the United States District Court for the Eastern District of Pennsylvania (D.C. Civil No. 2-10-cv-00194) Honorable R. Barclay Surrick, District Judge Argued June 3, 2010 BEFORE: SMITH, FISHER, and GREENBERG, Circuit Judges (Filed: July 27, 2010) Michael L. Banks (argued) Morgan, Lewis & Bockius LLP 1701 Market Street Philadelphia, PA 19103 Attorney for Appellee Elizabeth K. Ainslie Joseph Anclien (argued) Schnader Harrison Segal & Lewis LLP 1600 Market Street Philadelphia, PA 19103 Attorneys for Appellant OPINION OF THE COURT GREENBERG, Circuit Judge, I. INTRODUCTION This matter comes on before this Court on an interlocutory appeal from an order of the District Court dated February 9, 2010, and entered on February 12, 2010, granting appellee’s motion for a preliminary injunction.
    [Show full text]
  • Bimbo 03 Forros
    Unleashing our potential annual report 2003 Grupo Bimbo is one of the largest baking companies in the world in terms of both sales and volume. The market leader in the Americas, Grupo Bimbo has 72 plants and 980 distribution centers strategically located in 14 coun- tries throughout the Americas and Europe. Its product lines include: bread and sweet baked goods, buns, cookies, pastries, packaged goods, tortillas, caramels, salty snacks and candies. Grupo Bimbo manufactures more than 4,500 products and manages around 100 well known brands. In addition, it has one of the most extensive distri- bution networks in the world including 26,500 routes and over 25,300 vehi- cles, making it one of the largest transportation fleets in the western hemisphere. Grupo Bimbo serves more than 690,000 sales points and has over 70,000 associates. Table of Contents 1 Introduction 2 Grupo Bimbo at a Glance 4 Financial and Operating Highlights 6 Messages from the Chairman of the Board and the Chief Executive Officer 10 An Efficient and Competitive Business Model 12 Increasing Brand Equity 14 Strengthening Our Distribution Network 16 Optimizing Our Decision-Making Processes 18 Summary of Activities 22 Commitment with our People and the Community 24 Management Committee 25 Board of Directors and Governance Committees 26 Board Member’s Profile 29 President of the Auditing Committee Report 30 Management’s Discussion & Analysis In Grupo Bimbo we are unleashing our potential for sus- tainable growth and profitability. For over three years we have been undertaking a profound transformation process, implanting a more competitive business model, strengthening the value of our brands, consoli- dating our distribution system and perfecting our Company’s management model, while maintaining market leadership.
    [Show full text]