Wickbold

After a negotiation that is said to have lasted nearly 9 months, Brazilian bakery firm Wickbold has acquired rival Seven Boys for an undisclosed sum. With revenue of approximately R$200 million ($57 million), Seven Boys is said to be the fourth-largest bakery firm in Brazil, operating plants in Porto Alegre (Rio Grande do Sul) and Belo Horizonte (Minas Gerais) as well as owning nine distribution companies that enable the company …