All Finance articles – Page 9
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NewsJust Desserts invests £150k in Shipley bakery expansion
Just Desserts is to extend its West Yorkshire bakery as part of a £150,000 expansion project.
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Cake Box store numbers and like-for-like sales grow
Egg-free cake supplier Cake Box has continued its expansion with the opening of nine franchise stores in the past six months.
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United Biscuits sales go cool during hot summer
Sales at United Biscuits (UB) fell £46.8m last year as factors including the changing UK retail landscape took their toll.
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Valeo buys Christmas pud supplier Matthew Walker
Valeo Foods Group is to buy the Matthew Walker Christmas puddings business from 2 Sisters Food Group
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Genius losses fall following shift away from own-label
Free-from bread supplier Genius has cut its losses by 20% after restructuring its business over the past two years.
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Product News
Wheat crop expected to exceed five-year average
The UK wheat harvest is expected to be more than a fifth larger than last year’s, according to the first crop estimate from the Department for Environment, Food and Rural Affairs (Defra).
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Aryzta grows in Europe, but suffers drag from US
Bakery giant Aryzta has slowed its fall in turnover in the past year, although the business has been hit by declines in its US operation.
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London Food Corporation enters free-from market
London Food Corporation has entered the free-from market with the acquisition of gluten-free cereal and food manufacturer Big Oz.
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Greggs further developing its evening meals offer
Greggs is developing its systems for supplying evening meals following ‘encouraging’ trials.
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Samworth Brothers margins are hit in ‘challenging year’
Profits at Ginsters and West Cornwall Pasty Co owner Samworth Brothers have fallen as a result of rising commodity costs and £18m in one-off charges.
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Hovis results: refocus on bakery operation paying off
Hovis says it is benefitting from exiting the milling industry and focusing on its bakery operations.
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Product News
Cake Craft World Limited acquired by Dr Oetker
Dr Oetker has acquired cake decoration and sugarcraft supplies business Cake Craft World Limited.
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Alana Spencer buys Lord Sugar out of cake business
The Apprentice winner Alana Spencer has bought Lord Sugar out of her cake business, Ridiculously Rich by Alana.
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Investment and efficiency drive growth at Finsbury
Finsbury Food Group has said scale will become increasingly important to food manufacturers as key customers get larger.
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Coughlans Bakery seeking investors to grow business
Family-owned South London-based café and bakery firm Coughlans is seeking investment to help drive the development of the business.
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Real Good Food chief exec Hugh Cawley steps down
Hugh Cawley, chief executive officer of Renshaw owner Real Good Food (RGF), is to leave the business.
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Paterson Arran acquired by Burton’s Biscuit Company
Burton’s Biscuit Co is to boost its presence in the foodservice market with the acquisition of shortbread and oatcakes supplier Paterson Arran.
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Genesis Crafty invests £750k and creates new jobs
New contracts have prompted Genesis Crafty – which was sold in pre-pack deal a year ago – to invest and take on new staff.
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Real Good Food secures new £8.9m credit facility
Renshaw owner Real Good Food is set to pay off some of its shareholder debt after securing a new bank credit facility.
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RGF reveals plans to grow cake decorations business
Real Good Food (RGF) is set to shake up its cake decorations range as part of the development of its new streamlined business structure.
