Grupo Bimbo's acquisition of Emmy’s Organics

Cleary Gottlieb represented Grupo Bimbo, the world’s largest baker and distributor of baked goods, in connection with its acquisition of Emmy’s Organics, LLC, an organic baked goods company that specializes in gluten-free cookies.

The transaction closed on May 14, 2021.

The acquired company focuses on organic, sustainable production and is a certified B-Corp, so this transaction will complement and expand Grupo Bimbo’s desire to invest in companies with sustainable business practices.

Cleary previously advised Grupo Bimbo in its $709 million acquisition of Sara Lee Corporation’s North American Fresh Bakery, its €115 million acquisition of Sara Lee’s fresh bakery business in Spain and Portugal, the acquisition and financing of its $2.5 billion purchase of Weston Foods, and the acquisition of East Balt Bakeries for $650 million.