All Finance articles – Page 38
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News
Real Good Food secures further £8.2m funding
Haydens and Renshaw owner Real Good Food has secured a further £8.2m financing – and stated that, without this, there was a “significant risk” it would not be able to trade.
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News
Acquisition bid for Ministry of Cake owner
Private equity firm IK Investment Partners, which has interests in a host of food businesses across Europe, is aiming to acquire Mademoiselle Desserts.
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Product News
AB Mauri acquires Holgran from Rank Hovis Milling
Bakery ingredients suppliers Holgran and Fleming Howden, parts of the Rank Hovis Milling business, are to be acquired by AB Mauri.
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News
Manchester bakery chain closes following robbery
Dawsons Bakery, which operated four shops in the Manchester area, has entered administration following a robbery at one of its sites.
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Product News
What could Sainsbury’s/ Asda deal mean for bakers?
News of Sainsbury’s proposed merger with Asda – to create a £51bn-a-year retail behemoth – has caught much of the grocery world unawares.
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News
Three-quarters of card payments in bakeries are contactless
Bakeries have the highest rate of contactless card payments of any merchant type in the UK in 2017, a study has revealed.
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Product News
Lantmännen invests £4.4m in Milton Keynes factory
Bakery supplier Lantmännen Unibake is to invest £4.4m in its Milton Keynes factory following growth in the burger market.
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News
Whitbread to spin off Costa business in UK
Costa is to be demerged from the Premier Inns business and become listed as a separate company within the next two years.
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Product News
Kent Foods to buy Garrett Ingredients from RGF
Haydens and Renshaw owner Real Good Food is selling its Garrett Ingredients business to Kent Foods Limited.
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Product News
Barry Callebaut reports strong chocolate volume growth
Chocolate supplier Barry Callebaut has reported booming volume sales in its Europe, Middle East and Africa (EMEA) region.
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News
Bakery store numbers rise despite high street slump
Bakery and coffee shop chains have bucked the slump in high street store openings in 2017.
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News
Waffle machine firm to ramp up overseas business
Waffle machine supplier The Malted Waffle Company is aiming to increase its overseas business after securing funding from Santander.
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Product News
Real Good Food secures £4m additional funding
Haydens and Renshaw owner Real Good Food (RGF) has secured additional funding to ease pressure on its cashflow.
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News
Finsbury Food H1 results: revenue and profits rise
Finsbury Food Group has reported a 4.7% hike in operating profits in the 26 weeks ending 30 December 2017.
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News
Bako North Western in drive for new shareholders
Bakery supplier Bako North Western Group is aiming to secure new shareholder members following a shake-up of its capital structure.
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News
Coveney takes US lead role in Greencore shake-up
Greencore boss Patrick Coveney is to split his time between the UK and the US as the business announces a restructure of its US operations and leadership.
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Product News
Aryzta profits crash in wake of rising costs and US woes
Earnings at baked goods supplier Aryzta have fallen by almost a third as the business looks to turn around its performance.
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Product News
Eid family buys back Signature from Aryzta
Signature Flatbreads has bought out its joint venture partner Aryzta.
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News
Probe launched into Co-op delistings and charges
Groceries Code Adjudicator Christine Tacon has started an investigation into the Co-operative Group over delistings and the introduction of quality control charges.
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Product News
Black magic: charcoal pizza helps to boost Bakkavor
Strong sales of bread and pizza – including a charcoal base launched into Waitrose stores – have helped drive growth for Bakkavor.