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Finance

Real Good Food appoints new group finance chief

Real Good Food (RGF) has promoted Maribeth Keeling to the role of group chief financial officer (CFO).

Adelie makes £55m loss despite 10% rise in turnover

Turnover has risen almost £23m year-on-year at food-to-go business Adelie Foods – but the firm has made a £54.9m loss before tax.

Scottish pizza supplier set to boost jobs and capacity

Glasgow-based pizza supplier The Victor Pizza Company is to expand and upgrade its production capability after securing new funding.

Patisserie Valerie: a further 14 sites are closed down

Patisserie Valerie, which was acquired following the collapse of Patisserie Holdings, has closed a further 14 of its sites.

Multivac to take over dough handling specialist Fritsch

Bakery equipment supplier Fritsch Group and its subsidiaries are to be taken over by packaging specialist Multivac.

Orkla buys toffee supplier Confection by Design

Bakery ingredients supplier Confection by Design has been bought by Orkla Food Ingredients.

Warburtons makes £13.5m loss as sales decline 3.5%

Warburtons, which reported £20.7m pre-tax profit a year ago, has made a £13.5m loss as a result of restructuring costs and falling bread sales.

Two Magpies Bakery sales expected to soar to £2.5m

Sales at Suffolk-based Two Magpies Bakery have soared following the opening of two more sites over the past year.

Bakery tech start-up CatsAI begins nationwide roll-out

Technology start-up CatsAI is to begin a nationwide roll-out following a pilot which saw it use artificial intelligence (AI) to reduce bakery surplus.

Heidi Bakery acquires two Caracoli coffee shop sites

Heidi Bakery is to extend the reach of its products following the acquisition of the Caracoli coffee shop chain.

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