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Finance

Greggs raises £85k for We Love Manchester Emergency Fund

Greggs has raised £85,718 for the Manchester Evening News (MEN) We Love Manchester Emergency Fund through in-store collections.

Promise Gluten Free sells majority stake to Mayfair Equity Partners

Irish free-from bakery supplier Promise Gluten Free has sold its majority stake to private equity firm Mayfair Equity Partners.

Premier Foods Q1: Cake sales growth offset by grocery brands decline

New gluten-free Mr Kipling products have helped drive growth in Premier Foods’ cake division – although a steep drop in sales of grocery lines has dragged down the company’s overall performance.

Tasties of Chester rescued from administration

Food-to-go supplier Tasties of Chester has been rescued from administration in a deal that has saved 188 jobs.

Welsh bakery business Cake Crew to expand

Wales-based business Cake Crew is expanding to meet growing demand for its cupcakes.

Butter shortage looming, warns Arla boss

Bakers are set to face a butter shortage by the end of this year, according to comments by the boss of dairy giant Arla.

Ole & Steen bakery owner Lagkagehuset sold

Danish bakery business Lagkagehuset – owner of the Ole & Steen bakery brand – has been acquired by private equity firm Nordic Capital.

Real Good Food invests £15.5m in Renshaw and Haydens

Real Good Food is to invest £15.5m in subsidiaries Renshaw and Haydens Bakery.

Competitive wrapped bread market takes £25m toll on Warburtons

Warburtons’ turnover fell more than £25m last year as the “increasingly competitive” wrapped bread market impacted the business.

Thomas the Baker raises £10k for British Heart Foundation

Yorkshire-based Thomas the Baker has presented a cheque for £10,000 to the British Heart Foundation.