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Finance

Muntons to invest £4.5m in Stowmarket plant

Malted ingredients supplier Muntons is to invest £4.5m in its Stowmarket Suffolk plant to increase its malt extract capacity.

RGF fined £450k for Stock Exchange rule break

Renshaw and Brighter Foods owner Real Good Food has been fined £450,000 for breaching Alternative Investment Market (AIM) rules two years ago.

CSM UK revenue dented by fall in foodservice volumes

Strong competition in the foodservice market contributed to an £11m drop in revenue at bakery supplier CSM UK last year.

Greencore food-to-go sales up 7% in first half-year

Greencore has reported a strong performance from its food-to-go business in the first half of its financial year – although group revenue declined.

Bakkavor further ramps up baking industry presence

Samworth Brothers has sold its Blueberry Foods cake and desserts business to Bakkavor Group.

Increasing costs bring end of Choccywoccydoodah

Cake business Choccywoccydoodah has ceased trading and closed its stores in Brighton and Covent Garden.

Premier to sell cakes under new plant-based brand

Mr Kipling owner Premier Foods is looking to tap burgeoning interest in plant-based food with a new brand called Plantastic.

Pizza deal helps drive 15% sales growth at Greggs

An afternoon pizza deal and its vegan sausage roll have contributed to a 15.1% increase in Greggs’ sales.

Macphie expands factory site in North Lanarkshire

Bakery ingredients supplier Macphie is investing in its North Lanarkshire production facility.

Why bakery suppliers will welcome Sainsbury’s/Asda ruling

Suppliers will have breathed a sigh of relief yesterday at the decision by the CMA to block the Sainsbury’s/Asda merger.