Industrias Bachoco, Mexico‘s poultry industry leader and the sixth largest poultry company in the world, recorded capital expenditures of Ps. 4,666.2 million in 2022, a year-over-year increase of 34.1 percent. Overall, investments were focused on organic growth and the integration of RYC Alimentos (RYC). For context: in December
GMexico Transportes (GMXT) increased its revenues from its Industrial segment by 22% year-on-year to 4.608 billion pesos, the most dynamic among its businesses. Industrials is the most diversified business segment, with markets such as the paper industry, white goods, machinery, the beer industry and new railroad cars, among
Gruma, one of the world’s largest corn flour and tortilla producers, increased its degree of internationalization and its number of jobs in 2022 over 2021. Its workforce increased by 1,000 jobs to 23,500. In 2022, Gruma achieved net sales of approximately US$5.6 billion, 75% of which came from
Grupo Bimbo, a global food company and global leader in the baking industry, reduced its debt in 2022 with the resources obtained from the sale of Ricolino. As of December 31, 2022, Grupo Bimbo’s total debt was 84,054 million pesos, compared to 92,855 million as of December 31,
Rafael Pamias, deputy general director of Grupo Bimbo, was appointed Chief Operating Officer of this company and will lead the four global regions. He will also serve as Director of Sustainability and Global Marketing, reporting directly to Daniel Servitje. On the other hand, after 41 years in the
The Mexican company Grupo Bimbo registered net sales of 398,706 million pesos in 2022, which represented a record and an increase of 17.7% year-on-year. Primarily, this result was attributed to a favorable price mix and strong volume performance in all regions. At the same time, the company‘s operating