Hovis Bought by Kingsmill Parent Company in Significant Acquisition
While no financial specifics have emerged regarding the highly anticipated merger, a Sky News report from last month indicated that the deal is projected to...
Tag : bakery
Hovis in Ongoing Merger Talks as Bakery Sales Drop by £38 Million
Hovis has reported a significant decline in sales, with revenue dropping from £478 million in 2023 to £440 million in 2024, as indicated by its...
Italian Investment Fund Buys Stake in Santangelo Bakery Group
Fondo Italiano d’Investimento recently acquired a 70% stake in Santangelo Group, a distinguished bakery business based in Italy. This transaction marks the fifth deal completed...
Spanish bakery Monbake nombra a un ejecutivo de Reckitt como CEO
Monbake, a leading bakery group based in Spain, has appointed former Reckitt director Borja Lomba Sorrondegui as its new CEO. He succeeds Aurelio Antuna, who...
Wrexham Lager Debuts in Canada
Wrexham Lager has recently expanded its presence in North America by partnering with British Columbia Liquor Store and the Liquor Control Board of Ontario, two...
Eshbal Functional Food Approaches Another Bakery Acquisition
Israel’s Eshbal Functional Food is poised for another strategic acquisition, having signed a binding letter of intent to purchase Texas-based Gluten Free Nation. Eshbal announced...
Juvela Unveils £1.5 Million Bakery and Introduces New Brand
The new bakery has opened at Juvela’s allergen-free facility in Wales, equipped with “state-of-the-art” technology. This development will support the launch of OAF, a gluten-free...
Fazer Strengthens Its Position as the World’s Leading Rye Bakery Through New Investments
Fazer is responding to the increasing demand for rye bread by expanding its manufacturing capacity in Lahti. This expansion includes a state-of-the-art production line, with...
Geary’s Bakery Launches New Facility in Leicester
Geary’s Bakery is responding to an increasing demand for its sourdough products by opening a new plant in Leicester, UK. The new facility, which represents...
Fazer Bakery Announces Plans to Boost Production in Finland
Fazer Group has announced an €11m ($12.5m) investment aimed at expanding its rye bread production capacity at the Lahti facility. This strategic move aligns with...