GEORGE WESTON
January 1st, 2002
BY MONICA DOBIE
TORONTO-based biscuit bakeries, George Weston Ltd will sell its Oroweat division to Mexico-based, Grupo Bimbo, for US$610 million. The sale includes five production facilities, and a licence to sell and manufacture the Entenmann's brand in western United States and an agreement to distribute products under the Thomas' and Boboli brands in the same region.
TORONTO-based biscuit bakeries, George Weston Ltd will sell its Oroweat division to Mexico-based, Grupo Bimbo, for US$610 million. The sale includes five production facilities, and a licence to sell and manufacture the Entenmann's brand in western United States and an agreement to distribute products under the Thomas' and Boboli brands in the same region.
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