Warburtons Acquires Giles Foods

 Breaking News
  • Coca-Cola HBC to Acquire Italian Water and Sparkling Beverages Company in €88 Million Deal Coca‑Cola HBC has agreed to acquire Acque Minerali, a privately-held natural mineral water and adult sparkling beverages business based in Italy. The acquisition is being made in conjunction with The Coca-Cola Company, in-line with previous similar acquisitions. The total enterprise value payable by Coca‑Cola HBC and The Coca‑Cola Company, subject to customary closing adjustments, amounts [...]...
  • Britvic Signs Up to Science Based Targets Initiative Britvic has pledged to pursue bolder greenhouse gas (GHG) emission reduction targets by signing up to the Science Based Targets initiative. Britvic joins around 600 leading companies from around the world in formally committing to independently verified science-based GHG emission reduction targets. Britvic’s A Healthier Everyday sustainability strategy recognises climate change as one of the biggest threats facing [...]...
  • Marks & Spencer Partners Infarm to Bring Urban Farming to London Stores M&S Food is partnering with infarm – one of the world’s most advanced urban farming platforms – to deliver a range of fresh produce grown and harvested in a selection of the retailer’s London stores. Customers will now find a range of fresh herbs – including Italian, Greek and Bordeaux Basils, Mint, Curly Parsley and Mountain [...]...
  • Coca-Cola European Partners to Remove 4,000 Tonnes of Single-use Plastic by Swapping Shrink Wrap For Cardboard in Western Europe Coca-Cola European Partners, will be replacing plastic shrink wrap with cardboard for its can multipacks across Western Europe, removing approximately 4,000 tonnes of single-use plastic per year across the region. This is the latest move in Coca-Cola’s commitment to tackle packaging waste and remove all unnecessary single-use plastic from its secondary packaging. Plastic shrink wrapping is used [...]...
  • EU Leading in Global Agri-food Trade The EU has been confirmed for yet another year in its position as the largest global exporter of agri-food products, with sales reaching €138 billion in 2018. Agriculture products represent a solid share of 7% of the value of EU total goods exported in 2018, ranking fourth after machinery, other manufactured goods and chemicals. Agriculture and [...]...

Warburtons Acquires Giles Foods

Warburtons Acquires Giles Foods
May 24
10:33 2013

Warburtons, the UK’s largest bakery brand, has completed the purchase of Giles Foods, a leading speciality bread and pastry manufacturer. The investment, for an undisclosed sum, supports the strategy of diversification which is at the heart of Warburtons’ growth plan.

With an annual turnover of £26 million, Giles Foods, which is also a family run business, produces unbranded baked products including garlic breads, dough balls, French and Italian breads, Danish pastries, tarts and buns which are sold to retailers, restaurants, pub chains and catering companies.

The company produces 137 product lines and was established in 1977. It now employs 300 people across two sites in Milton Keynes and Warminster. Warburtons will run Giles Foods as a separate business, with the current management team remaining in place.

Jonathan Warburton, chairman and chief executive of Warburtons, comments: “This agreement with Giles Foods underlines our continued commitment to growth, diversification and ultimately, creating quality products which we know people love. As well as being a family-run business, Giles Foods Limited has a strong track record in innovation and anticipating the tastes and demands of consumers. Alongside Warburtons, this will help us continue to work towards consolidating our position as one of the world’s best family food businesses.”

David Rixon, managing director of Giles Foods, adds: “There was an enormous amount of interest from a broad range of potential partners, but Warburtons, its heritage and values ultimately made the decision very straightforward. We are confident that becoming part of the Warburtons business will allow what Giles Foods Limited has done for 35 years to evolve and grow.”

Established in a grocery shop in Bolton in 1876 by Thomas and Ellen Warburton, Warburtons is now the UK’s leading independent baker. Today the business is actively run by the fifth generation of the Warburton family – Brett, Jonathan and Ross Warburton.

About Author



Related Articles

Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • October 1, 2019PPMA Total Show
  • October 17, 2019Future Food-Tech
  • November 18, 2019Plastics Caps and Closures Conference 2019
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here