High Quality Content by WIKIPEDIA articles! Grupo Bimbo is the biggest Mexican food corporation and the largest bakery in the world with brands in Latin America, Europe, China, United States, Canada and Puerto Rico. Grupo Bimbo was established in Mexico in 1945 by Lorenzo Servitje, Jaime A. Sendra, Jose T. Mata, and Jaime Jorba. Today it is one of the most important baking companies in brand and trademark positioning, sales, and production volume around the world. The company is currently #5 among the largest food corporations in the world, just behind Unilever, Sara Lee, Kraft Foods and Nestle. The company has plans to become the world's largest bread manufacturing company by 2010, with its expansion in China central to this effort. The company reported $5.26 billion in sales during 2006, a steep increase from the $4.67 billion in sales in 2004. The company has forecast this year's sales to be $6.5 billion, and $7.73 billion by the end of the 2007 fiscal year. In Mexico and Latin America, the company is the market share leader, selling over 5,000 products under more than 100 different brands.

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