All Finance articles – Page 45
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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.
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NewsTesco 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 NewsTopping 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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NewsAulds 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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NewsWest 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 NewsWarburtons 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.
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NewsWeather hits sales growth and profit at Greggs
Footfall and costs at Greggs have been hit by the weather, with the business reporting a drop in profits.
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NewsFood to go bolsters Q3 performance at Greencore
Food-to-go sales have bolstered Greencore’s UK and Ireland business, resulting in a 1.4% growth in reported revenue in Q3.
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Product NewsHot weather pushes feed wheat to five-year high
Wheat prices have continued to rise across the UK and Europe as a result of the hot, dry weather.
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Product NewsMr Kipling turnaround drives Premier growth
A surge in sales of the previously ailing Mr Kipling brand has driven growth in Premier Foods’ revenue.
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NewsPremier Foods boss Gavin Darby re-elected as CEO
Gavin Darby has been re-elected as chief executive of Mr Kipling owner Premier Foods – although more than 40% of the vote went against him.
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NewsAir sector drives growth in SSP UK sales
SSP, which operates UK travel sites for brands including Starbucks and Upper Crust, has reported a 2.7% increase in like-for-like sales in its third quarter.
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NewsFreshpack to close after low margins deter buyers
Frozen pies and snacks manufacturer Freshpack is to close following an unsuccessful search for a buyer.
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Product NewsFinsbury Food Group fights ’unprecedented’ cost hikes
Finsbury Food Group says it will deliver profits in line with expectations despite “unprecedented commodity and labour inflation”.
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NewsPrescot bakery in £30,000 crowdfunding push
An independent bakery in Prescot has raised almost £10,000 in 13 days as part of a £30,000 crowdfunding push to help expand its business.