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Panrico belongs to Grupo Bimbo, S.A.B. de C.V. through Bimbo Iberia. Panrico is owned by Grupo Bimbo, S.A.B. de C.V., headquartered in Mexico. No. The ultimate owner of Panrico, Grupo Bimbo, S.A.B. de C.V., is headquartered in Mexico, not in the United States.
A Mexican multinational food company and the world's largest bakery company, operating across the Americas, Europe, Asia, and Africa.
Bimbo Iberia
Sources: grupobimbo.com, es.wikipedia.org
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