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Announced

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Grupo Bimbo completed the acquisition of a minority stake in Popcornopolis from NexPhase Capital.

Synopsis

Grupo Bimbo, a food company, completed the acquisition of a minority stake in Popcornopolis, a manufacturer of snacks, from NexPhase Capital, a private equity firm. Financial terms were not disclosed. "We are proud to have been a part of Popcornopolis' remarkable growth over the past two years. With Popcornopolis' focus on quality, innovation and omnichannel sales, the brand will be an excellent addition to Barcel USA's impressive snack portfolio," Jamie Kaufman, NexPhase Partner.

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