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Tag "bakery"

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 & then applied to the top and base of each specific product.
The ILS Label Print & Apply Primary Product Marking Station combined with Planglow’s market leading […]

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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 prices and a cold, wet spring across Europe have combined to push butter prices upwards, the company notes, leaving food companies exposed to the risk of […]

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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. The group achieved strong organic sales growth across both of its businesses. Total group sales of £207 million for the full year were up 9.4%, […]

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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 more than a third from £26 million to £16.3 million for the year ended September 24, 2011 as turnover edged ahead from £492 million to […]

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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 baking methods, the retailer has also introduced new packaging to display the products.
Morrisons’ in-store bakers, which already make more products from scratch than any other […]

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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 of Scotland and the Waverley Bakery, two Scottish companies that have a long tradition in the manufacturing of confectionery products that have been enjoyed by […]

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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 31 January 2012, as its Food Group increased EBITA by 11.3% to Eur173.0 million and revenue by 9.4% to Eur1.40 billion.
Aryzta has operations in North […]

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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 bread.
The decision is part of Premier’s ongoing efforts to improve the utilisation and cost effectiveness of its Hovis supply chain. The bakery at Eastleigh is […]

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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 focus on value added activities. The Real Good Food Company owns the largest independent non-refining distributor of sugar inEurope (Napier Brown) and is a supplier […]

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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 produces over 60 million pies annually and employs more than 300 people. It supplies about 12,000 fish and chip shops across the UK as well […]

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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 at Kirkcaldy and Dysart. Established in 1984 and with a current turnover of £8 million, Kingdom Bakers supplies bread, cake and pancake products to supermarket […]

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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 months milestone for the first time. This represents organic growth of just over £14 million and an increase of 16% compared with the prior year.
The […]

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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 proceeds from the placing will be used to strengthen Aryzta’s balance sheet and for general corporate purposes.
Created in 2008 by the merger of Dublin-based IAWS […]

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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 fresh bakery brands inS pain and Portugal as well as seven manufacturing facilities. The deal is in line with Grupo Bimbo’s international expansion strategy and […]

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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 November 2010.
 
Grupo Bimbo is also in the process of moving into the European market for the first time by acquiring Sara Lee’s fresh bakery business […]

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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 current EBITDA of about Eur15 million, Eurodough was acquired by Sara Lee in 2001. The business is estimated to be worth between Eur100 million and […]

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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 structure, commercial leadership responsibilities will be split between the grocery and newly configured bakery businesses with the creation of two new group executive roles of […]

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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 Lee fresh bakery brands in Spain and Portugal as well as seven manufacturing facilities. The transaction, which is subject to customary closing conditions and regulatory […]

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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 year ended July 31st 2011.The Zurich-based food group, which is a global leader in speciality bakery, improved its EBITA margin by 100bps to 10.1%.
 
Aryzta has […]

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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 8.3% to £5.8 million for the year ended July 2nd 2011. Sales in the cake division rose 12.1% to £139.6 million and sales in the […]

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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 the 26 weeks ended July 2nd 2011. The sales growth was driven by a record number of new shop openings by Greggs.
 
Operating profit excluding exceptional […]

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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 growth trend established in the first half has continued to strengthen during the second half of its financial year. This has resulted in total group revenue increasing by 12.8% to £189.9m compared with the same […]

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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 January 2nd 2011. Sales rose by 2.1% to £662m and by 0.2% on a like-for-like basis, as Greggs achieved a record numbers of new shop openings and refits, expanding its retail business through a net […]

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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 for the first time ever. UK food and drink export figures showed a healthy 11.4% increase on 2009 figures, bringing in a total of £10.83b, and highlighted healthy emerging markets amongst non-EU countries.
Amongst the highest […]

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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 managing director Declan Gallagher for an undisclosed amount. Declan Gallagher sold the family-owned bakery in 2007 to IAWS Group, now part of international bakery group Aryzta.
Last month Aryzta announced that it was closing the frozen […]

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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 Newburn. The new bakery will produce a range of Warburtons gluten-free products including white and brown bread loaves and sub rolls, teacakes and crumpets.
The dedicated facility will initially employ nine people, rising to twenty within […]

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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 £3.5m, Giles Foods has doubled the size of the bakery and installed new plant and equipment, including a technologically advanced three-deck oven, the first of its kind in the UK.
In addition to expanding capacity, the […]

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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 between 6-8% for the next 5 years, according to Leatherhead Food Research.
Weight management has been reincarnated in various forms throughout the food and drink industry over the years. The direction of the industry is shifting […]

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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 new shops opened in the year to date, giving it a total of 1,451 shops at 2nd October 2010. The group now expects total net new shops for the year as a whole to be […]

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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 and jellies: these are just some of the ideas being explored by the Carbon Trust and food industry leaders to cut energy use and carbon emissions at UK manufacturing sites.
Over the last year, the Carbon […]

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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 in 2005, the plant produces about 450,000 loaves of bread a week.
However, Welsh baker Brace’s Bakery is considering bidding for the Newport site and has initiated talks with the Bakers’ Union and the Welsh Assembly […]

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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, including significant items of £189,000, for the first six months ended June 30th 2010, against a loss of £1.194m in the corresponding period last year. Overall group sales in the half year decreased by 11% […]

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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 (formerly called Allworden) for an undisclosed price. Nur Hier is a local family run company that already operates a number of bakery stores in Hamburg.
Headquartered in Dusseldorf, Kamps is now focusing on its larger bakery […]

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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. The 3,000 sq m facility, which will house a team of 30 researchers, will focus on new product development. It will also undertake contracts for other food manufacturers. Grupo Siro operates across five food categories […]

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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 2010 as consolidated turnover edged up 1% to Eur127.2m. On a like-for-like basis, taking into account the termination of the Jaffa Cake bars contract with McVities, turnover for the first half of 2010 was up […]

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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 equity firm, for an undisclosed price. Kamps has 900 franchise shops in Germany selling bread and baked goods, supported by five bakery plants, and had sales of over Eur300m last year.
Kamps along with a business […]

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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 group is spending Eur12m on a third production line for premium bread brand ‘Gran Reserva’ at its plant in Vallmoll (Tarragona).. The remaining Eur8m is the final tranche of the investment in a new automated […]

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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 2009 and an improvement in pre-tax loss from £1.3m in 2008 to £40,000. Operating profit was £174,000.
Johnstone’s Bakers, which produces cake, cereal and biscuit bars and slices, including caramel shortcake, lemon cheesecake, orange chocolate tiffin, […]

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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 necessary regulatory clearances to complete its $900m acquisition of Fresh Start Bakeries (incorporating Pennant Food and Sweet Life).
Operating 29 specialist production facilities across the US, Canada, Germany, Poland, Sweden, Spain, Brazil, Australia and New Zealand […]

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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 Procter & Gamble for Eur320m. The disposal is part of the divesture of Sara Lee’s household and body care business as it seeks to refocus on its global food and beverage activities.
Brenda Barnes, chairman and […]

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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 breads, Bakehouse, by acquiring the remaining shares in the company. To further consolidate its position in the UK market, Lantmannen Unibake plans to make a major investment in new UK production capacity.
In May 2009, Lantmannen […]

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Real Good Food Company Expands Hayden’s Bakeries

Peiter Totte, chairman of the Real Good Food Company.
Hayden’s Bakeries, a subsidiary of Real Good Food Company, the UK bakery, ingredient and sugar group, will create up to 150 new jobs over the next 2-3 years. Hayden’s has opened an additional 33,000 sq ft of capacity close to its current site in Devizes, Wiltshire.
The expansion […]

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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, is acquiring a new fast food bakery from Hungarian milling and bakery group Elso Pesti for an undisclosed fee. The acquisition of new production capacity in Hungary strengthens the Danish bakery group’s position in the […]

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