UK baked goods company McCambridge has sold its own-label cake division to private-equity firm NBGI. The deal, announced this morning (5 December), is for a business that operates bakeries in Manchester, Bradford, Blackburn, ...
Tags: McCambridge, own-label, PE firm NBGI
The administrator for UK baker Peters Cathedral Bakers, which went into administration last month, has sold the company to local peer Coopland & Son (Scarborough) Ltd. KPMG said today (30 July) the deal for the company, which also trades ...
Tags: Bakery, Bakers, Bakery stores, baked goods
Some 900 jobs are to go at Premier Foods plc after the Hovis manufacturer announced a range of measures to reshape its bread business. Premier plans to close two bakeries, cut over 100 distribution routes and revamp its logistics ...
Tags: Premier Foods, bread arm, bread business, Foods
Featured reports from the just-food research store include bread manufacturing in China, global dairy growth opportunities, and tortilla production in the US. BAKERY Bread & Bakery Product Manufacturing in China This report covers ...
Tags: bread manufacturing, China, dairy growth, tortilla production
US baker Hostess Brands has indicated it will liquidate the company tomorrow (15 November) if striking employees fail to return to work this evening. The group, which manufactures brands including Nature's Pride and Wonder Bread, said it ...
Tags: Hostess Brands, strike, financial resource, food industry
US own-label group Ralcorp Holdings, which today (27 November) agreed to a takeover bid from ConAgra Foods, returned to profit in its fiscal 2012 year, boosted by acquisitions made during the year. In the 12 months to the end of ...
Tags: Foods, Foods industry, profit, operating profit
Ralcorp Holdings has acquired Italian private-label frozen ready meals maker Gelit for an undisclosed sum. Gelit, based in Cisterna di Latina, employs around 130 staff and produces frozen ready meals for sale in the US and Italy. The ...
Tags: Ralcorp Holdings, frozen ready meals, food industry, company news
Canadian food manufacturer Maple Leaf Foods has booked a drop in first-half profits. In the six months to the end of June, net earnings amounted to C$33.3m (US$33.2m), a 5.2% decline on the prior year. Adjusted operating earnings, ...
Tags: profits, food manufacturer, food, net earnings
Canadian food group Maple Leaf Foods has booked a drop in third-quarter earnings due to the write-down of certain assets. Maple Leaf earnings fell to C$32.6m (US$32.6m), down from $43m last year, the company revealed today (31 October). ...
Tags: food group, food, earnings, profit
US food firm Lancaster Colony has added two products to its Sister Schubert's line of rolls. The company yesterday (8 October) announced it had developed Sweet Hawaiian Rolls and Mini Loaves, products it claimed were the "first of their ...
Tags: Lancaster Colony, new product, food product, food industry
UK cake maker Finsbury Food Group has seen its annual sales propelled by new product development and contract gains in the back half of last year. The company booked a 9.4% increase in sales for the year to 30 June, which rose to GBP207m ...
Tags: Finsbury Food Group, annual sales, product development, food industry
UK baker Warburtons has extended its Half & Half bread offering with the launch of a medium loaf. Half & Half Medium joins Warburton's Toastie loaf launched last month. The baker said it is hoping the launch will drive further growth in ...
Tags: Warburtons, bread offering, medium loaf, food product
UK baker Warburtons has appointed Nestle UK's head of chocolate, Mark Simester, to the post of marketing director. Simester will join Warburtons in October, replacing Richard Hayes who left in January. Simester is well-placed to ...
Tags: Warburtons, Nestle UK, chocolate, food market
Premier Foods plc has added to its Mr Kipling Inspirations cake line in the UK with the launch of a Dessert Classics range of themed cakes. The range, inspired by popular desserts, comprises two variants: Banoffee slice and Mississippi ...
Tags: Premier Foods, cake line, themed cake, food industry
Australian food manufacturer Goodman Fielder is to shut three bakery facilities in a bid to create a "more sustainable business" in the sector. Goodman Fielder, which is undergoing a major review of its operations to make it more ...
Tags: Bakery Plants, Profits, bakery facilities