Finance

Vandemoortele buys Italian bakery products firm

European frozen bakery producer Vandemoortele has acquired Lanterna-Agritech (LAG), a producer of frozen focaccia and bread in Italy.

Rainbow Dust employs 28 people and operates out of a manufacturing site near Preston in Lancashire.
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Real Good Food buys up cake decoration firm

Real Good Food (RGF) has acquired a specialist supplier of cake decorating products for £4m.

Thorntons stays upbeat despite fall in sales

Thorntons has seen total sales plummet 10.3% in its commercial division to £41.9m.

Finsbury Food Group
Finsbury Food Group posts positive sales figures for 2014
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Finsbury’s sales boosted by Fletchers buy

Bakery manufacturer Finsbury Food Group has reported that total sales revenue grew to £107.6m in 2014. 

December footfall down on 2013

Average footfall in the UK for December fell by 0.7% compared to last year’s festive season.

Sugar
ABF posts revenue up in latest quarter
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ABF sees revenue rise 3% in latest quarter

Associated British Foods (ABF), the parent company of Kingsmill, has ended the 16 weeks to 3 January 2015 with revenue 3% ahead of the same period last year. 

Biscuit firm strikes $90m Bahrain deal

Mondelez International, owner of Cadbury, has signed a deal to set up a new $90m (£59.15m) biscuit factory in Bahrain.

Ocado sees Christmas sales soar
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Successful Christmas for Ocado

Ocado has seen a bumper Christmas, processing nearly 40% more items for Ocado.com and Morrisons.com than over the same period last year.

Sainbury’s tops table in tight big-four race

Christmas sales have closed the gap between the big four retailers, with a difference in sales growth of just 0.9% between them all.

Carr’s reports growth in flour, but lower revenue

Carr’s Milling Industries has outperformed its previous performance in food, with flour volumes up on last year.

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