All Finance articles – Page 2
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NewsPremiumisation strategy in sweet treats continues to pay off for Premier Foods
Consumers trading up to branded sweet treats like Mr Kipling Signature Bites helped Premier Foods deliver strong volume growth in its latest financial year
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NewsBakkavor and Greencore agree terms to form £4bn food-to-go manufacturing firm
Boards of food-to-go manufacturing giants have finalised the terms and conditions for Greencore’s cash plus shares offer for Bakkavor, valued at £1.2bn
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NewsEquipment supplier Rademaker acquires Form & Frys and partners with Sensure
Dutch company purchases Danish folding, forming and filling machinery specialist and starts collaboration with the Italian vision inspection system provider
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NewsGluten-free bakery specialist Dr. Schär UK reports record profit in 2024
Latest financial results for the UK arm of the European manufacturer show profit jumping up to £1.6m with turnover increasing by 8% to £45.1m
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NewsHilton Macarons makes expansion move whilst launching three new selections
Suffolk-based sweet treat specialist has shifted production into the Darsham site of its new owner Two Magpies Bakery, and unveils a trio of indulgent macaron boxes
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NewsCustomer and export gains see sales and profit soar at Signature Flatbreads
Turnover at the Dunstable-based manufacturer has increased by 16.1% to reach £330.5m in its latest financial year with profit more than doubling up to £42.8m
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NewsUsher’s Bakehouse to crowdfund expansion into wholesale
Chester-based business, founded by chef and restaurant/catering group owner Gary Usher, needs to raise £50k to buy new bakery equipment
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NewsSandwiching bread giants: merger proposed between Allied Bakeries and Hovis
Allied Bakeries owner Associated British Foods has confirmed it is in discussions with Hovis owner Endless regarding a potential deal
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NewsAround Noon eyes a bigger bite of food-to-go market with new Slough site
Newry-headquartered firm is creating up to 200 new jobs and increasing production capacity by a value of £50m per year with its latest expansion
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NewsRising sales and profit at Wenzel’s as it dispels insolvency rumours
Family-owned bakery chain, which operates 109 stores, has posted rises of 11.2% and 26% in sales and profit, respectively, in its latest financial results
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NewsManagement buyout rescues Biscuiteers from administration
Hand-iced biscuit specialist has transferred its business and assets to a newly formed company majority owned by founders and members of the management team
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NewsABF ‘evaluating strategic options’ for Allied Bakeries as losses deepen
Kingsmill owner continues to face a ‘very challenging market’ leading to lower volumes and sales, according to its interim results
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NewsParsons Bakery transitions to employee ownership business model
The 99-year-old firm, which operates 48 bakery shops across the southwest, sees ownership switch from the Parsons family to be shared among its 400 staff members
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NewsIngå Group lands sweet deal for ingredients supplier JM Posner
Swedish investment firm Novax AB expands its food ingredients division, Ingå Group, with the addition of the Mansfield-based bakery and dessert specialist
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NewsThe Crusty Cob seeks new owners to restart retail bakery business
Family-run bakery is looking to sell its business assets out of liquidation and enable the reopening of nine shops across Devon and Somerset
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NewsCharity mountain hike looks to build new social enterprise bakery in Norfolk
A pair of aspiring bakers from ‘broken backgrounds’ are preparing for a sponsored climb up Iceland’s tallest mountain to help set up a new bakery staffed by recovering addicts
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NewsOlidor Group acquires premium sweet bakery manufacturer Four Anjels
Cheltenham-based bakery will continue as a standalone business supplying its range of handcrafted cakes, traybakes, cookies, and biscuits to retail and foodservice clients
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NewsTiffin Sandwiches snaps up Glasgow-based food-to-go firm PJ’s Foods
Bradford-based food-to-go manufacturer is extending its UK footprint through the purchase of the Scottish sandwich maker
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NewsBakkavor requests deadline extension on Greencore merger offer
A 28-day extension to agree final terms and conditions for the proposed £4bn merger between the food-to-go manufactruring giants has been consented to by the boards
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News‘Financial domino effect’ sees Loaf MCR closes all three Manchester sites
Sweet treat specialist founded by Aaron Ryan in 2020 will cease trading by the end of the month due to insurmountable cashflow challenges
