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Finance

Orchard Valley Foods and Candeco merge

Orchard Valley Foods has merged with Swedish decorations manufacturer Candeco Confektyr AB.

Pre-pack deal saves Sussex cake firm and 150 jobs

Sussex-based handmade cake business More Foods – which supplies retailers including Waitrose and Budgens – has been rescued in a pre-pack deal.

Premier agrees expanded Cadbury licensing deal with Mondelēz International

Premier Foods has secured an expanded licensing deal with Mondelēz International to produce Cadbury-branded cakes and ambient desserts.

Renshaw owner Real Good Food reduces expected earnings for second time

Haydens and Renshaw owner Real Good Food (RGF) has further reduced its earnings expectations.

Wrights Food Group acquires bread supplier Premier Catering

Wrights Food Group is to acquire Stoke-on-Trent bakery Premier Catering, which has been supplying it with bread for more than 30 years.

Real Good Food agrees £2m overdraft to plug funding gap

Renshaw and Haydens owner Real Good Food has secured a £2m overdraft facility with Lloyds Bank after discovering a shortfall in its finances.

Founder and finance director leave in shake-up at Real Good Food

Real Good Food – which last week saw its shares plunge following a profit warning – has announced the departure of its founder and its finance director.

Real Good Food shares crash following profit warning

Shares in Renshaw and Haydens Bakery owner Real Good Food plunged by a third yesterday (1 August) after the business issued a profits warning.

Geary’s Bakery expands with £4.5m funding

Family-owned bakery Geary’s Bakery has constructed a larger factory facility at its premises following a £4.5m investment from NatWest.

Greggs’ yum-yums production boosted by supply chain shake-up

Greggs has reported that its manufacturing and logistics shake-up, which has brought the closure and restructure of a number of sites, is boosting efficiency and product quality.

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