Montevideo, Uruguay – September 6, 2024
Linzor Capital Partners is pleased to announce the sale of its portfolio company Pagnifique to Grupo Bimbo, the leading Latin American producer of bread and baked goods. Founded in 1994, Pagnifique is the #1 producer of frozen bread and pastries in Uruguay, operating through state-of-the-art industrial plants and in-store bakeries inside supermarkets.
Grupo Bimbo’s acquisition of Pagnifique is aligned with its strategic expansion across Latin America, adding significant value to its portfolio of baked goods and frozen bakery products. The acquisition is expected to enhance Pagnifique’s growth prospects, product innovation and reach, benefiting consumers with an expanded range of quality options.
This milestone underscores Linzor’s track record in achieving portfolio exits after successful management of its investments. Under Linzor ownership, Pagnifique reinforced its management team, invested in new product lines, remodeled in-store bakeries, introduced new products, improved store layout and product assortment, and successfully navigated the global pandemic.
About Linzor Capital Partners
Founded in 2006, Linzor Capital Partners is a leading regional private equity firm with investments across Mexico, Chile, Colombia, Peru, and Uruguay. The firm has raised more than US$1.4 billion in capital commitments since its inception and currently holds investments in diverse sectors, including financial services, education, healthcare, retail, and technology. Linzor invests in companies with strong growth potential, creating value through strategic initiatives and operational improvements that drive sustainable business growth.
For more information, please visit www.linzorcapital.com.