Canada Bread

06/03/2017

Canada Bread Company, Limited Acquires Stonemill Bakehouse Limited

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TORONTO, Ontario - March 6, 2017 – Canada Bread Company, Limited (“Canada Bread”), a subsidiary of Grupo Bimbo S.A.B. de C.V. (“Grupo Bimbo” or “the Company”) (BMV: BIMBO), announced today that it has completed the acquisition of the total shares of Stonemill Bakehouse Limited located in Toronto, Ontario. 

Stonemill Bakehouse Limited is a leading producer of slow fermented craft breads baked in stone ovens using 100 per cent natural, non-GMO certified and organic ingredients.  This operation will position Canada Bread for further growth, complementing its current product portfolio and its distribution and manufacturing footprint.  The acquisition includes well-positioned brands such as Stonemill.  The company employs approximately 100 associates and operates one production facility in Scarborough and a store in St. Lawrence Market in Toronto. 

About Canada Bread

Canada Bread Company, Limited, a wholly-owned subsidiary of Grupo Bimbo since May, 2014, is a leading producer and distributor of packaged fresh bread and bakery products with brands such as Dempster's®, Villaggio®, POM®, Bon Matin®, Ben's®, McGavins®, Vachon® and Stonemill®.  In business for more than 100 years, the Company operates 18 bakeries and employs approximately 4,225 associates across Canada.   For more information, please visit www.canadabread.com.

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For more information, please contact:

Sylvia Sicuso

Canada Bread Company, Limited

416-626-4316 / 647-273-1162

Sylvia.Sicuso@GrupoBimbo.com

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