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Grupo Bimbo acquires Popcornopolis from NexPhase Capital

An operation to enter the US $ 2.3 billion popcorn market

Baked goods multinational Grupo Bimbo acquired Popcornopolis from NexPhase Capital for an undisclosed sum. William Blair acted as financial advisor to NexPhase and Popcornopolis in the transaction, while Lowenstein Sandler LLP acted as legal advisor. The California-based gourmet popcorn company has achieved nearly $ 72 million in revenue to date, thanks to record growth in e-commerce, and following...

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EFA News - European Food Agency
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