Lorenzo Servitje, the co-founder of Grupo Bimbo, one of Mexico’s largest multinationals, has died at the age of 98 in Mexico City. Born in 1918 to Catalan parents, Lorenzo graduated as a Public Accountant from the National Autonomous University of Mexico, UNAM, in the forties. He first worked in the baking industry at El Molino, and would later found his own bakery called El Molino. Through his leadership he made El Molino one of Mexico City’s most famous bakeries. In 1945, after marrying Carmen Montull the year before, and with the help of his uncle Jaime Sendra and father-in-law, he founded Panificadora Bimbo. The company began with 34 employees and sold four products. Today, Grupo Bimbo employs nearly 129,000 people […]
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