All Finance articles – Page 35
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Product News
Jacksons’ £40m sandwich bread factory opens
Jacksons has opened a new £40m bakery that can produce 10,000 loaves of sandwich bread an hour.
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Cake Box opens 100th store and announces NPD
Egg-free cake specialist Cake Box has opened its 100th store as it continues its rapid roll-out.
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Steve Dawson joins RGF as non-exec director
Renshaw owner Real Good Food (RGF) has appointed Steve Dawson – who helped to turn around the Bahlsen US business – as an independent non-executive director.
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Real Good Food supports Brighter Foods investment
Real Good Food Group, which this month sold Haydens Bakery, says rationalisation and new funding are enabling it to support investment in other parts of its business, such as Brighter Foods.
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Finsbury to invest to meet demand for ‘artisan’ bread
Finsbury Food Group is to invest further to meet demand for artisan-style bread – and said it was committed to growing its business through further acquisitions.
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Former McDonald’s US chief joins Aryzta board
Aryzta has made new independent board appointments to help turn the business around, and announced that banks have agreed to underwrite plans to raise €800m (£715m) through a new share offer.
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Product News
Allied Bakeries ups prices to reduce operating loss
Allied Bakeries is continuing to reduce its losses – and will be looking to mitigate the impact of rising wheat prices.
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Eight Aulds shops remain following further closures
Eighteen Aulds shops have closed in the past month after the family-owned Scottish business placed its retail business into liquidation.
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Coca-Cola set to buy Costa in £3.9bn deal
Whitbread is planning to sell its Costa Coffee business to The Coca-Cola Company in a deal worth £3.9bn.
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Genesis Crafty is sold in pre-pack deal to Tayto boss
Northern Irish firm McErlain’s Bakery – producer of the Genesis Crafty range and own-label cakes and breads – has been sold as a private investment to the boss of snacks supplier Tayto Group.
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Lancaster wholesale bakery secures £250,000 funding
A new wholesale bakery business has launched in Lancaster and has its sights set on a £1m turnover target.
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Aryzta announces plans to raise £715m in capital
Aryzta is aiming to raise around £715m as part of plans to strengthen its presence in the frozen bakery market.
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Aulds closes four more stores in retail liquidation
Scottish family bakery Aulds has closed a further four stores after making the decision to liquidate its retail arm to focus on the wholesale and production operation.
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Real Good Food raises £1m with open share offer
Real Good Food has raised £1m with an open share offer that it says had been heavily oversubscribed.
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Cake Brands invests £100k in frozen dessert facility
West Sussex-based Cake Brands has expanded its frozen desserts capacity at its premises in Chichester.
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Tesco and Carrefour deal to begin in October
A strategic alliance between Tesco and global retail giant Carrefour is expected to become operational in October 2018.
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Product News
Topping Pie Company ramps up cruise ship business
South Yorkshire-based The Topping Pie Company has more than tripled the number of cruise ships serving its bakes.
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Aulds liquidates retail arm to focus on wholesale
Family-owned bakery Aulds has placed its retail business into liquidation to focus on its wholesale and production operation.
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West Midlands family firm John Dwyer Bakery sold
Family business John Dwyer Bakery has been acquired by Bridgwater Bros, owner of frozen food supplier The UK Foodhall.
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Product News
Warburtons set to end Stockton bread production
Warburtons is planning to stop producing bread at its Stockton-on-Tees site as a result of the declining wrapped bread market.