Finance

Northern Irish bakery on course to increase sales overseas

Portadown-based wholesale business Kitchen Bakes is on target to increase cross-border sales by 50% as it celebrates 30 years in business.

Eustice retains food and farming role

George Eustice has retained his position as food and farming minister in the latest round of ministerial appointments by prime minister Theresa May. 

Oven giant aims to deliver 35% energy savings

Scandinavian oven company Sveba-Dahlen has claimed that its recently launched eco+ concept will save 35% in oven energy.

Local bakeries to feature at Leicester’s Business Festival

A variety of Leicestershire-based baking companies are set to feature at Leicester’s Business Festival, taking place from 24October – 4 November.

SSP reports third-quarter rise

SSP Group, the travel locations food and drink operator, which operates brands such as Upper Crust and Ritazza, has seen a rise of 4.8% in total group revenues for the third quarter ended 30 June 2016 on a constant currency basis.

Ministry of Cake owner nominated for CEO award

Chris Ormrod, managing director of Taunton-based Ministry of Cake, has been announced as winner of the CEO of the Year award for the south west in the Management Team Awards 2016, organised by the British Private Equity and Venture Capital Association (BVCA).

Artisan bakery to take centre stage at UK’s small business campaign

An award-winning Fulham-based micro bakery, Ma Baker, is to take centre stage at the launch of the UK’s 2016 Small Business Saturday campaign on 3 December.

Finsbury Food Group reports near 25% sales jump

Leading UK speciality bakery manufacturer Finsbury Food Group has reported a rise in sales revenue of 24.8% to £319.7m for the full financial year ended 2 July.

Job losses at Allied

Allied Bakeries, the company behind Kingsmill, Allinson and Burgen, plans to shut a distribution centre in Flintshire, which will put 53 jobs at risk.

Biscuits Bouvard acquires Pidy

Pidy, the Belgian pastry products business, has been acquired by French operator Biscuits Bouvard Group. 

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