Punch line: From Thomas’ English Muffins to Borden milk, Saks Fifth Avenue department stores to The New York Times newspaper, Mexican investors have taken advantage of low interest rates and depressed prices during the economic downturn to expand their holdings in el norte.
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USA TODAY, Mexico invests, puts its mark on more U.S. brands, June 18, 2010
Huge Mexican corporations are snapping up U.S. brand names, opening U.S. factories and investing millions of pesos north of the border.
- Grupo Lala, Mexico’s largest dairy company, purchased Dallas-based National Dairy Holdings, which controls the Borden brand and 18 regional dairies selling milk under the names Flav-O-Rich, Dairy Fresh, Velda Farms, Sinton’s, Cream O’ Weber, Goldenrod and others.
- Grupo Bimbo, Latin America’s largest baked-goods company, bought the U.S. baked-goods operations of Weston Foods for $2.4 billion, taking over 22 industrial bakeries and 4,000 distribution routes, and national brands such as Entenmann’s pastries.
- Mexican billionaire Carlos Slim has expanded his empire into the USA. In 2008, Slim bought a 6.9% share in The New York Times and increased his stake in the Saks Fifth Avenue department stores from 10.9% to 18%.
http://www.usatoday.com/money/world/2010-06-17-mexowned_N.htm
The Homa Files 
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