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Food and Drink Business: Preview Feb 2023

    Food and Drink Business: Preview Feb 2023

“After a five-year hiatus, Foodex Manufacturing Solutions returns to the NEC, Birmingham this April (24 th – 26 th ), as part of the UK Food & Drink Shows. Bringing

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Labelling Double Act with Planglow

Planglow together with Industrial Labelling Systems haa developed a unique new labelling system primarily for bakeries. This allows users to split lengthy product information across two labels which are automatically printed &

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Greenfields cautions on butter price

According to Greenfields Ingredients, manufacturers of ready meals, bakery products and confectionery face higher prices for butter after a surprise rally on global commodity markets. The effects of low milk

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Record Sales For Finsbury Food Group

    Record Sales For Finsbury Food Group

Finsbury Food Group, a leading UK manufacturer of cake, bread and gluten free bakery goods, has broken through the £200 million turnover barrier for the year ended 30 June 2012.

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Profits Slump at Warburtons

    Profits Slump at Warburtons

Rising raw materials costs and a decline in the UK bakery market have impacted on the financial performance of Warburtons. Pre-tax profits at the UK’s largest independent baker fell by

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Morrisons Relaunches In-store Bakeries

    Morrisons Relaunches In-store Bakeries

UK grocery retailer Morrisons is relaunching its in-store bakeries in response to consumer demand for more artisan products at an affordable price. In addition to the new range and new

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£5.6 Million Management Buyout at Lees Foods

    £5.6 Million Management Buyout at Lees Foods

Scottish bakery and confectionery company Lees Foods is the subject of a £5.6 million management buyout, which will take the business private. Lees Foods is the parent company of Lees

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Interim Profits Rise at Aryzta

    Interim Profits Rise at Aryzta

Aryzta, the Switzerland-based global speciality bakery group, has reported a 3.3% rise in EBITA to Eur178.8 million on revenue up 0.9% to Eur1.91 billion for the six month period ended

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Premier Foods to Close Hovis Bakery

    Premier Foods to Close Hovis Bakery

Premier Foods is to close its bakery at Eastleigh in Hampshire with the loss of 82 jobs. The bakery is the smallest of twelve sites in the UK producing Hovis

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The Real Good Food Company Improves Financial Performance

    The Real Good Food Company Improves Financial Performance

Leading UK bakery, ingredient and sugar group The Real Good Food Company has reported a 62% increase in EBITDA to £9.1 million for 2011, driven by sales growth and a

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Pukka Pies Continues UK Expansion With £7 Million Investment

    Pukka Pies Continues UK Expansion With £7 Million Investment

UK independent bakery company Pukka Pies has officially opened a new£7 million extension to its factory in Leicestershire, facilitating a 50% increase in production. Established in 1963, Pukka Pies currently

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Kingdom Bakers in Receivership

Scottish bakery company Kingdom Bakers has gone into receivership. Employing 135 people, the company has encountered severe cash flow problems leading to the cessation of production at its two sites

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Finsbury Food Group Passes £100 Million Interim Sales Barrier

    Finsbury Food Group Passes £100 Million Interim Sales Barrier

Finsbury Food Group, a leading UK manufacturer of cake, bread and gluten free bakery goods, has increased first half sales revenues to £102 million, passing the £100 million in six

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Aryzta Raises €144 Million Through Share Placement

    Aryzta Raises €144 Million Through Share Placement

Zurich-based food group Aryzta, which is a global leader in speciality bakery, has raised SFr174.3 million (Eur144 million) through a share placement with a limited number of institutional investors. The

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Sara Lee Completes Sale of Fresh Bakery Business in Spain and Portugal to Grupo Bimbo

    Sara Lee Completes Sale of Fresh Bakery Business in Spain and Portugal to Grupo Bimbo

US-based food group Sara Lee has completed the Eur115 million sale of its fresh bakery business in Spain and Portugal to Mexico’s Grupo Bimbo. The agreement includes all Sara Lee

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Grupo Bimbo Completes Acquisition of Sara Lee’s North American Business

    Grupo Bimbo Completes Acquisition of Sara Lee’s North American Business

Grupo Bimbo has just completed the acquisition of Sara Lee’s fresh bakery business in North America. The deal, which has an enterprise value of $959 million, was originally announced in

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Sara Lee Close to Disposing of French Bakery Unit

    Sara Lee Close to Disposing of French Bakery Unit

Sara Lee is reported to be in negotiations to sell Eurodough, its French baked goods unit, as part of the US-based group’s strategy to divest its international bakery businesses. With

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Changes to Leadership Team at Premier Foods

    Changes to Leadership Team at Premier Foods

UK food group Premier Foods has announced changes to its leadership team to strengthen focus on the company’s renewed growth plan, under new chief executive Michael Clarke. In the new

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Sara Lee to Sell Fresh Bakery Business in Spain and Portugal to Grupo Bimbo

    Sara Lee to Sell Fresh Bakery Business in Spain and Portugal to Grupo Bimbo

Sara Lee has agreed to sell its fresh bakery businesses in Spain and Portugal to Mexico’s Grupo Bimbo for €115 million ($154 million) in cash. The deal includes all Sara

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Year of Repositioning For Aryzta

    Year of Repositioning For Aryzta

Reflecting contributions from acquisitions and underlying sales growth within its food business, Aryzta increased revenue by 28.8% to €3.88 billion and group EBITA by 44.1% to €393.3 million in the

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Solid Performance By Finsbury Food Group

    Solid Performance By Finsbury Food Group

Helped by a return to growth in its cake division, UK bakery company Finsbury Food Group has increased revenue by 12.6% to £189.6 million and underlying profit before tax by

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New Shop Openings Drive Sales at Greggs

    New Shop Openings Drive Sales at Greggs

Greggs, the UK’s leading bakery retailer with over 1,500 outlets throughout the country, has reported a 4.2% increase in group sales to £335m, including like-for-like sales growth of 0.4% in

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Finsbury Food Group Arrests Sales Decline

  Finsbury Food Group Arrests Sales Decline

Finsbury Food Group, the UK manufacturer of cake, bread and gluten free bakery goods, has reported that the strong organic

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Record Year For Greggs

  Record Year For Greggs

Greggs, the UK’s leading bakery retailer, increased pre-tax profit by 7.9% to a record £52.5m for the 52 weeks ended

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Record British Food and Drink Exports

  Record British Food and Drink Exports

Exports of UK food and non-alcoholic drinks grew for the sixth consecutive year in 2010 to pass the £10b mark

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Irish Regional Bakery Saved

  Irish Regional Bakery Saved

The fresh bread element of Gallagher’s Bakery in Ardara, County Donegal, has been saved from closure following its acquisition by

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Warburtons Invests £2.5 Million in Gluten-free Bakery

  Warburtons Invests £2.5 Million in Gluten-free Bakery

British bakery group Warburtons is reported to have invested £2.5m in a dedicated gluten-free production plant at its site in

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Bakery Expansion at Giles Foods

UK-based speciality breads, Danish pastries and tarts producer Giles Foods has expanded its bakery in Milton Keynes. Following investment of

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The Future of the $7 Billion International Weight Management Market

  The Future of the $7 Billion International Weight Management Market

The international weight management market was worth an estimated $7.3b in 2009, and it is set to grow year-on-year at

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Bakery and Retail Expansion Plans on Track at Greggs

  Bakery and Retail Expansion Plans on Track at Greggs

Greggs, the UK’s largest retail baker, has reported that its expansion programme remains firmly on track, with a net 32

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Cutting Energy and Carbon Usage in the UK Food Industry

  Cutting Energy and Carbon Usage in the UK Food Industry

Baking bread in lighter tins, cleaning pipes with ice instead of hot water, and using microwaves to dry fruit gums

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Warburtons to Close Welsh Bakery

  Warburtons to Close Welsh Bakery

British baker Warburtons is to close its site in Newport, Wales with the loss of 114 jobs. Acquired by Warburtons

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Interim Loss at The Real Good Food Company

The Real Good Food Company, the UK sugar, ingredients and bakery group, has reported a loss before tax of £1.298m,

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German Bakery Sale

German retail baker Kamps is selling a production unit and a chain of 100 stores in Hamburg to Nur Hier

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Grupo Siro Opens €6m R&D Centre

Spanish food group Grupo Siro has opened a new Eur6m research and development facility at El Espinar in northern Spain.

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Mixed Interim Results at Lotus Bakeries

Belgium-based biscuits and cakes manufacturer Lotus Bakeries increased current operating profit by 8.8% to Eur17.5m in the first half of

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Barilla Disposes of German Bakery Business

  Barilla Disposes of German Bakery Business

Italian pasta and bakery group Barilla is selling Kamps, its German bakery chain, to ECM Equity Capital, a Frankfurt-based private

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Europastry Investing €20m in 2010 as Sales Set to Reach €385m

  Europastry Investing €20m in 2010 as Sales Set to Reach €385m

Europastry is investing Eur20m this year to expand its production and logistics capacity in Spain. The Spanish and international bakery

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Further Expansion at Johnstone’s Bakers

Independent Scottish company Johnstone’s Bakers has reported a 45% increase in turnover to £7.4m for the year ended November 30th

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Aryzta Completes Acquisition of Fresh Start Bakeries

  Aryzta Completes Acquisition of Fresh Start Bakeries

Aryzta, the Switzerland-based speciality bakery group with operations in Europe, North America, South East Asia and Australia, has received all

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Sara Lee Refocusing Continues With €320m Disposal

  Sara Lee Refocusing Continues With €320m Disposal

US-based food, household and body care products group Sara Lee has completed the sale of its air care operation to

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Lantmannen Unibake Continues UK Expansion

  Lantmannen Unibake Continues UK Expansion

International bakery group Lantmannen Unibake has completed the takeover of UK’s leading supplier of sweet and savoury pastries and specialty

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Real Good Food Company Expands Hayden’s Bakeries

Hayden’s Bakeries, a subsidiary of Real Good Food Company, the UK bakery, ingredient and sugar group, will create up to

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Lantmannen Unibake Continues International Expansion With Hungarian Acquisition

  Lantmannen Unibake Continues International Expansion With Hungarian Acquisition

In line with its international expansion strategy, Lantmannen Unibake, , which is one of Europe’s leading frozen bakery products suppliers,

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