Join our mailing list for Real Estate News, Events, Insights & Resources.
Bimbo Concludes Sale of Ricolino to Mondelez
- Mondelez International Completes Acquisition of Ricolino from Grupo Bimbo, Transferring Over 25,000 Employees
11/02/2022
In a monumental deal worth $1.32 billion, Mondelez International has successfully finalized the acquisition of Ricolino from the Mexican company Grupo Bimbo. This transaction signifies a significant shift in ownership, as Ricolino, the beloved brand responsible for iconic treats like Paleta Payaso, Kranky, Bubulubu, Sonrics, Bocadin, Chocoretas, Gomilocas, Dulcigomas, Duvalin, Moritas, Panditas, Huevitos de chocolate, Raspafresch, and many more, is now entirely under the control of Mondelez.
As part of this acquisition, more than 25,000 employees from Grupo Bimbo have been seamlessly transferred to Mondelez International, ensuring a smooth transition of operations. This move solidifies Mondelez's commitment to expanding its presence in the market and capitalizing on the immense popularity of Ricolino's diverse range of confectionery products.
ABOUT SiiLA
Founded in 2015, SiiLA is the industry leading REsource for comprehensive commercial real estate market insights, news and events across Latin America. The SiiLA suite of innovative products drive greater accuracy, efficiency, and strategic advantages for top players in the commercial real estate industry.
Industrial Availability No Longer Reflects Exits, but Expectations
05/13/2026How Do Companies Expand in Mexico’s Office Market?
05/11/2026Industrial Absorption Follows Supply, Not the Economic Cycle
05/07/2026Insurgentes Builds Big, but Absorbs Small
05/05/2026Mexico Opens the Door to Medical Technology, but Not to Its Own Production
04/30/2026Transactions
Voit Changes the Playing Field: Competition Moves Beyond the Point of Sale
Absorption Falls, Not Demand in Mexico’s Industrial Market
Nearshoring
Between Importing and Exporting: Mexico Does Not Substitute Auto Parts, It Needs Them to Export
Hofusan and the Limits of Asia’s Industrial Model in Mexico
Trusted by Leading Publications
Exclusive Access
