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Canada Bread feeds Latin American firms’ appetite for growth Add to ...

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The biggest bakery you’ve never heard of is now the biggest bakery in Canada.

Grupo Bimbo S.A.B. de C.V. of Mexico is entering Canada’s baked-goods market on top, reaching a $1.8-million deal Wednesday to buy Canada Bread Co. Ltd. Bimbo will instantly acquire 43 per cent of the Canadian bread market, the largest single market share in the country.

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