What was the net investment for Bimbo Foods Bakeries Distribution after accounting for assets held for sale?
Bimbo_Foods_Bakeries_Distribution Franchise · 2025 FDDAnswer from 2025 FDD Document
e acquisitions at the spot rate at the date of each transaction:
| USD450 million | re-opening of the | notes, | | | | | | |---|---|---|---|---|---|---|---| | increasing the total amount of this issuance to | | | | | | | | | USD900 million. | | | $18,707 | $18,241 | $7,602 | $ | - |
| | Book value | Book value | Book value | |---|---|---|---| | Fair value | 2024 | 2023 | 2022 | | On November 2,2023the Company, through its | | | | Relevant event in 2022
Sale of the confectionery business
On November 1, 2022, the Company sold its confectionery business to Mondelez International, Inc. for $25,797, collected in cash and included the sale of shares of the subsidiaries engaged in the confectionery business, as well as its trademarks, in line with the Company's strategy of focusing on grain-based foods, specifically in the bakery and snack categories. This transaction was subject to approval from the relevant authorities. The subsidiaries engaged in the confectionery business have been deconsolidated as of the aforementioned date. This transaction is presented in the consolidated financial statements in accordance with IFRS 5 Non
Source: Item 23 — RECEIPTS (FDD pages 84–312)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, the provided excerpts relating to Bimbo Foods Bakeries Distribution do not contain the specific figures for net investment after accounting for assets held for sale. However, the document does discuss the sale of the confectionery business in 2022 to Mondelez International, Inc. for $25,797, with a $20 price adjustment signed on March 21, 2023, and a further adjustment of $277 recognized in December 2024. This transaction is presented in the consolidated financial statements in accordance with IFRS 5 Noncurrent Assets Held for Sale and Discontinued Operations.
While the FDD excerpts detail certain acquisitions and disposals by Grupo Bimbo, they do not provide a consolidated figure for the net investment for Bimbo Foods Bakeries Distribution after accounting for these transactions. The excerpts focus on the financial activities of Grupo Bimbo, including acquisitions in Romania and the United Kingdom, and the sale of the confectionery business, but they do not summarize the overall impact on the net investment for the specific distribution operations.
A prospective franchisee should inquire directly with Bimbo Foods Bakeries Distribution about the net investment required, taking into account any assets held for sale or recent transactions that may affect the overall financial picture. Understanding the complete financial implications, including all assets and liabilities, is crucial for making an informed investment decision.
To gain a clear understanding of the net investment, a potential franchisee should ask Bimbo Foods Bakeries Distribution for a comprehensive breakdown of all initial costs, including franchise fees, startup expenses, and working capital requirements, as well as any potential offsets from asset sales or other financial adjustments. This information is essential for assessing the financial viability of the franchise opportunity.