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Finsbury Food
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Finsbury Food Plans to Close Grain D'or Bakery Business
Aug 28, 2017UK-based bakery products manufacturer Finsbury Food Group is planning to close its Grain D'Or bakery business, putting around 250 jobs at risk. The company said that Grain D'Or has been historically loss making even after implementing ...
Tags: bakery products, bakery
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Genius Foods to Acquire Chapel Foods for pound 3.5m
Nov 26, 2015Gluten-free bakery company Genius Foods is acquiring gluten-free pastry products manufacturer Chapel Foods for £3.5m. Under the terms, Genius Foods will acquire operations of Chapel Foods and its production facility in ...
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Finsbury Food Group Steps up Investment as It Slashes Debt and Announces Strong Profits
Jul 16, 2013Finsbury Food Group is stepping up investment in its core UK bakery division as it slashes debt and announces strong profits in an annual pre-close financial statement. Duffy: sale of 'free-from' business has proven 'hugely beneficial ...
Tags: Marvel, morning goods, Finsbury, free from, Thorntons, Disney, cake, bread
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Interface Food & Drink Has Granted ?75,000 to Fund Three Collaborative Projects
Jun 3, 2013Interface Food & Drink (IFD) has granted £75,000 to fund three collaborative projects between Scottish food and drink companies and Scottish universities to accelerate research and innovation in Scotland’s food and drink ...
Tags: Food&Drink, Agriculture
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Genius Foods Will Invest Millions of Pounds Developing The Livwell and UCB Production Site
Mar 5, 2013Genius Foods will invest millions of pounds developing the Livwell and United Central Bakery (UCB) production sites in Hull and West Lothian, following the firm's 21M acquisition of the companies last week. Genius boss Roz Cuschieri ...
Tags: Agriculture, Food
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Finsbury Food Has Sold Its Free-From Bakery Business to Scottish Firm Genius Foods
Mar 4, 2013UK-based bakery products manufacturer Finsbury Food has sold its free-from bakery business to Scottish firm Genius Foods for pound 21m, as part of its efforts to focus on core cake and bread businesses. The sale includes two subsidiaries ...
Tags: bakery products manufacturer, Finsbury Food, free-from bakery business
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Finsbury Food Group Sold Its Business to Genius Foods for Pound 21M
Mar 1, 2013Finsbury Food Group has sold its free-from business to Genius Foods for Pound 21M to focus on its core bread and cake business and reduce debt. Genius Foods has a 50% share of the UK gluten-free bread market The free-from business ...
Tags: Finsbury Food Group, Genius Foods, UK
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Finsbury Food Group Has Reported Relatively Flat Sales for The Half Year to December 29
Feb 10, 2013Cake maker Finsbury Food Group has reported relatively flat sales for the half year to December 29, up marginally to 103.3M compared with 102M for the same period of the previous year and in-line with management expectations. Finsbury's ...
Tags: Cake maker, Cake business, bread
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Finsbury Food Group Books an Increase in First-Half Sales
Jan 24, 2013Finsbury Food Group booked an increase in first-half sales this morning (23 January), driven by a "strong" performance from its bread and free-from division. The UK baker said sales revenues were "in line" with management expectations, ...
Tags: Finsbury sales, Food Group, bread
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Finsbury Food Group Reported an Increase in Full-Year Profits
Dec 12, 2012UK cake manufacturer Finsbury Food Group today (24 September) reported an increase in full-year profits after seeing sales exceed GBP200m (US$324.3m) for the first time. The company booked profit after tax of GBP4.9m for the year to the ...
Tags: Finsbury Food Group, pension scheme, share option charges
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Finsbury Has Seen Its Annual Sales Propelled by New Product Development
Dec 11, 2012UK 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
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Finsbury Has Sold Shares in The Company to Raise Funds to Invest in Its Cake Business
Nov 14, 2012Finsbury Food Group,the UK baker,has sold shares in the company to raise funds to invest in its cake business. The company,which makes own-label cakes,as well as branded products under licence,said today(14 November)it had raised GBP3.9m ...
Tags: shares, cake business, automation, efficiency