Finance

Coca-Cola set to buy Costa in £3.9bn deal

Whitbread is planning to sell its Costa Coffee business to The Coca-Cola Company in a deal worth £3.9bn.

Lancaster 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.

Genesis 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.

Aryzta 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.

Real 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.

Aulds 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.

Cake Brands invests £100k in frozen dessert facility

West Sussex-based Cake Brands has expanded its frozen desserts capacity at its premises in Chichester.

Tesco 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.

Aulds will continue to supply products to Scotmid stores and independent retailers
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Aulds 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.

Topping 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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