Finance

MSK Ingredients receives £750K funding

Online food and ingredients supplier MSK Ingredients is set to expand, following investment from Santander.

New £100M investor for Bakkavör

An American hedge fund has invested in excess of £100M in Britain’s biggest prepared fresh foods supplier.

Premier Foods reports strong Q3 sweet treats sales

Premier Foods, the St Albans-based food group, posted positive Q3 sales growth of 6.5% for its sweet treats division against the backdrop of a virtually static group performance of 0.1% growth.

Steve Loughton, managing director at Jestic Foodservice Equipment
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Sveba-Dahlen awards sole UK contract to Jestic

Jestic Foodservice Equipment, the food manufacturing machinery company, has been awarded the sole UK distribution right to Sveba-Dahlen machinery.

Raise Bakery pays Living Wage to staff

Raise Bakery, the Worthing-based cake maker, has pledged to pay its staff the Living Wage of £8.25 per hour.

General Mills confirms Berwick closure

General Mills UK, which manufactures Jus-Rol pastry, is to close its Berwick bakery following a review of the business.

Prince Charles visiting the flooded factory
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United Biscuits restarts production at flood-hit Carlisle factory

United Biscuits (UB) has restarted production of McVitie’s Gold biscuit bars at its Carlisle factory, after the site was devastated by floods in the wake of Storm Desmond.

Good year for Irish bakery exports

Bakery exports from Ireland increased by over 35% in 2015 and are now valued at around €185 million, based on sales figures from January to September 2015. 

H1 sales up by 46% at Finsbury

Finsbury Food Group, the UK bakery group, has seen its total company sales increase by 46% to £156.6m in its first half.

Allied Bakeries reports increased sales in challenging times

Kingsmill owner Allied Bakeries achieved a substantial increase in sales volumes for the 16 weeks ending 2 January, “although pricing and margins remain challenging”.

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