Finance

Severe winter weather hits Greggs’ sales

Weak footfall caused by severe winter weather contributed to a like-for-like fall in Greggs’ sales during the first 18 weeks of the year.

Real Good Food secures further £8.2m funding

Haydens and Renshaw owner Real Good Food has secured a further £8.2m financing – and stated that, without this, there was a “significant risk” it would not be able to trade.

Samworths’ Brooklands Bakery site facing closure

The Brooklands Bakery, previously part of the Euphorium bakery business owned by Tesco, is facing closure.

AB Mauri acquires Holgran from Rank Hovis Milling

Bakery ingredients suppliers Holgran and Fleming Howden, parts of the Rank Hovis Milling business, are to be acquired by AB Mauri.

Acquisition bid for Ministry of Cake owner

Private equity firm IK Investment Partners, which has interests in a host of food businesses across Europe, is aiming to acquire Mademoiselle Desserts.

Manchester bakery chain closes following robbery

Dawsons Bakery, which operated four shops in the Manchester area, has entered administration following a robbery at one of its sites.

What could Sainsbury’s/ Asda deal mean for bakers?

News of Sainsbury’s proposed merger with Asda – to create a £51bn-a-year retail behemoth – has caught much of the grocery world unawares.

Lantmännen invests £4.4m in Milton Keynes factory

Bakery supplier Lantmännen Unibake is to invest £4.4m in its Milton Keynes factory following growth in the burger market.

Three-quarters of card payments in bakeries are contactless

Bakeries have the highest rate of contactless card payments of any merchant type in the UK in 2017, a study has revealed.

Whitbread to spin off Costa business in UK

Costa is to be demerged from the Premier Inns business and become listed as a separate company within the next two years.

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