Finsbury Food Group has this morning unveiled plans to grow its bread business – saying an expansion would mean it has the “capacity to meet its customers’ growth expectations”.
The group has secured a 15-year lease on a 25,000 sq ft building, neighbouring its existing Nicholas & Harris bakery.
The factory will be extended into the new building, over the next two years, significantly expanding the capacity of the bakery, while allowing for more efficient and environmentally conscious premises, the company added.
The company has not said how much the change to its bread business will cost.
John Duffy, chief executive of Finsbury Food Group, said: “We are very pleased to be investing in our speciality bread business following its consistent growth over the past few years. We continue to benefit from growing demand for speciality bread and look forward to the benefits that this expansion will bring.”
The development of Finsbury’s bread business comes after it sold its free-from business to Genius Foods for around £21m.