All Finance articles – Page 44
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NewsThai firm snaps up UK’s Intelipac
Thai packaging company TPBI is to enter the paper packaging market for the first time after inking a deal to acquire stakes in UK firm Intelipac – the business that resurrected bakery packaging supplier Reynards last year.
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Product NewsHovis disposes of three mills to focus on baking
Hovis is selling two of its flour mills to Whitworth Bros and closing a third as it looks to focus on its core baking business.
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NewsAryzta underlying profit crashes more than 70%
Aryzta has reported steep declines in profit and earnings – but insists the business is well placed for future growth.
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NewsAre you planning to start or expand a business?
British Baker is currently running a series of features dedicated to exploring ways to start or expand a bakery business, giving readers the chance to learn from those who have already done it.
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NewsReal Good Food suffers £23m operating loss
Real Good Food chief executive Hugh Cawley has said the business will look back on the last financial year with “little pride or satisfaction”.
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Product NewsJacksons’ £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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NewsCake 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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NewsSteve 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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NewsReal 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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NewsFinsbury 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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NewsFormer 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 NewsAllied 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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NewsEight 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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NewsCoca-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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NewsGenesis 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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NewsLancaster 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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NewsAryzta 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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NewsAulds 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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NewsReal 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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NewsCake Brands invests £100k in frozen dessert facility
West Sussex-based Cake Brands has expanded its frozen desserts capacity at its premises in Chichester.