Pagnifique Uruguay sold to Grupo Bimbo
Pagnifique Uruguay sold to Grupo Bimbo
Transaction
Overview
Spayne Lindsay & Co. is delighted to announce they have advised Linzor Capital Partners on the sale of its portfolio company, Pagnifique Uruguay, to Grupo Bimbo, the leading Latin American producer of bread and baked goods.
Founded in 1994, Pagnifique Uruguay is the #1 producer of frozen bread and pastries in Uruguay, operating through state-of-the-art industrial plants and in-store bakeries inside supermarkets.
Grupo Bimbo’s acquisition of Pagnifique Uruguay is aligned with its strategic expansion across Latin America, adding significant value to its portfolio of baked goods and frozen bakery products. The acquisition is expected to enhance Pagnifique’s growth prospects, product innovation and reach, benefiting consumers with an expanded range of quality options.
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