Retail

New investment for Thomas J Fudge’s

After 100 years of family ownership, Dorset-based Thomas J Fudge’s has secured investment from mid-market private equity business Livingbridge.

Higgidy Pies expands

Shoreham-based Higgidy Pies has won a major food contract, requiring it to double annual output by 2018. 

Butter alternative launched for baking industry

The London-based Carotino Group has launched a new bakery product called Baker’s Friend, which tastes and bakes just like real butter, but is healthier and up to half the price.

Bridor launches new bread collection

The new So Soft bread collection from French bakery specialist Bridor is being marketed as somewhere between a baguette and a roll.

Brace’s launches £10k community sport fund

Newport-based bakery firm Brace’s has launched a £10k community sport fund, with the aim of supporting grassroots sports clubs in south Wales. 

Addo Food Group to remarket brands

Two of Addo Food Group’s brands, Wall’s Savoury Pastry and Pork Farms, are to be relaunched later this month.

Pret sales up thanks to breakfast

High street coffee chain Pret A Manger’s financial results for the 52 weeks to 31 December 2015 showed group sales were up 13.9% year on year (YOY) to £676.2m (+7.5% like-for-like). Ebitda was up 14.5% to £84.3m. 

New CEO for Hovis

Hovis has announced that Nish Kankiwala will be its new chief executive, as Martyn Wilks retires. 

ABF profits up despite “challenges” in bakery

Kingsmill owner Associated British Foods (ABF) has seen grocery profits rise, despite a fall in sales and “challenges” within the UK bakery market.

Bexhill Farm Kitchen scoops hat-trick in Britain’s Best Loaf

Lee Smith, co-owner of Bexhill Farm Kitchen, has won Britain’s Best Loaf for the third time with a white tin loaf.

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