Finance

Pieminister to boost capacity and open new sites

Pieminister is acquiring new plant and machinery and opening three new restaurants after securing £1.65m in financing.

Coopland & Son set for expansion with £8.5m investment

Coopland & Son is set to open 30 new shops in three years across the north of England following a £8.5m external investment from investors Business Growth Fund (BGF).

Review of the year 2017: January to March

As the year draws to a close, we look back at some of the major stories that have impacted the baking industry in 2017.

Graze sales up 8% on UK and US expansion

Sales at snack brand Graze have risen 8% year on year as the business extends its presence in the UK and US.

Wheat planting area predicted to dip in 2018

The area of UK wheat planting is expected to fall slightly in 2018.

Snacking helps drive 20% growth in Greencore food-to-go

Greencore, which claims to hold a 60% share of the UK grocery sandwich market, has reported almost 20% growth in its food-to-go sales in the past year.

Aryzta European business continues to outpace US

Group revenue at global baking business Aryzta has slumped 5.5% in the first quarter to €909.7m (£812m).

Patisserie Holdings reveals plans to boost production

Patisserie Valerie owner Patisserie Holdings is looking at options to increase production, including a manufacturing site in Manchester and in-store baking of morning goods.

Tale of two export markets: cake booms as bread falls

Exports of UK-produced cakes have soared almost 20% year on year in the past quarter – but bread exports have slumped 15%.

SSP has worked with Paul Hollywood to open the Knead concept in London
  (Photo: Paul Hollywood )

Air passenger growth drives UK sales hike for SSP

Strong growth in the air sector has helped drive a 4.8% hike in full-year UK revenue for Starbucks and Upper Crust travel sites operator SSP.

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