Mondelēz International has acquired Grupo Bimbo’s Ricolino confectionery business for about $1.3 billion to double the size of its Mexican business and further boost its international portfolio.
The purchase involves four manufacturing plants employing approximately 6,000 people.
Ricolino is a confectionery company that makes chocolate, candies, lollipops, and other treats. Vero, La Corona, and Coronado are among the company's more than 50-year-old brands.
Bimbo will be able to focus on its core skill of grain-based goods as a result of the deal.


Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 



