Finance

Ferrero-Thorntons bid ‘unconditional’ as decision deadline nears

Ferrero's £112m takeover bid of Thorntons has become ‘wholly unconditional’, subject to the chocolate brand’s acceptance by shareholders.

Waitrose
Waitrose makes sales gains as the sun shines
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Sun helps Waitrose sales soar

Sales at Waitrose leapt 6% to £132.2m in the 22nd week of its current financial year versus the same week in 2014. 

Callebaut’s European sales buck the global chocolate trend

Global chocolatier Barry Callebaut has seen sales volumes rise in Europe - outperforming the declining global chocolate confectionery market.

Kerr Concentrates products can be added to baked goods
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Ingredion extends ‘clean-label’ offering with acquisition

Global ingredient solutions company, Ingredion Incorporated, has announced it will acquire Kerr Concentrates for around $100m (£65m).

Kingsmill
ABF announces Kingsmill is increasing its volumes while the market remains tough
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ABF steps up volumes at Allied Bakeries

Associated British Foods (ABF) has revealed that Kingsmill owner Allied Bakeries is increasing its volumes in its trading statement for the 40 weeks ended 20 June 2015. 

M&S enjoys Q1 food sales increase

Marks & Spencer has seen food sales rise in its first quarter, while it remains on track to open 90 new Simply Food stores this year.

Pinkmans
The bakery will open in Bristol city centre- opened by Steven Whibley (Le Pain Quotidien, GAIL’s Bakery)
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Bristol to see new-concept bakery

An experienced restaurant duo are to open a new-concept bakery in Bristol. 

Coffee
Coffee is still on the rise
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Ireland’s coffee shop market rises 14%

Ireland’s coffee shop market is outperforming the Irish retail sector with sales growth of 14%. 

Hatton baker strengthens hand with Aberdeen acquisition

Murdoch Allan bakers has bought a Scottish bakery firm, as it expands to meet demand.

Irish Pride Taghmon site
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Potential deal for Irish Pride Bakeries on cards

It is rumoured that a rescue-deal for Irish Pride Bakeries is under way, after it went into receivership last month.

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