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Finance

Pork Farms
Pork Farms Group rebrands as Addo Food Group

Pork Farms Group, the chilled food producer, has rebranded as Addo Food Group, following the acquisition of the chilled savoury pastry business Kerry Foods. 

Morrisons
Morrisons’ rating downgraded following profit fall

Moody’s, the investors service, has downgraded its rating for Morrisons. 

Greggs
Greggs ready to set down roots in Ireland

Greggs is to debut in Ireland later this year or early in 2016, Applegreen chief operations officer Joe Barrett has told the Irish Independent newspaper. 

Ed Rowlands
Exclusive: BFP appoints new ops director and invests £1m in fleet

Bakery supplier BFP Wholesale has appointed a new operations director as it also revealed it had replaced 75% of its transport fleet at the cost of £1m. 

BB's King's Lynn
BB's Coffee & Muffins plans to double in size

BB’s Coffee & Muffins plans to double in size in the next five years as it opens sites in the UK and Ireland including a new masculine-look concept in Dublin. 

Top five
Top 5 stories this week

Been a bit busy? Read our round-up of the five biggest stories this week. 

Prima Bakeries
Cornish Prima Bakeries anticipates rapid growth

Prima Bakeries, the Cornish company, has just invested £100,000 as it anticipates major growth for the brand. 

Waitrose
Waitrose sees drop in first-half LFLs

Waitrose has revealed that like-for-like sales were down by 1.3% in its first half, as it insisted cut-price techniques were not hitting profits. 

Morrisons LFLs down 2.7%, reveals plans to sell 11 stores

Morrisons saw like-for-like sales (LFLs) drop by 2.7% in its first half – and has announced plans to close 11 stores.

Apostrophe
Apostrõphe managing director exits the business

Apostrõphe, the bakery café group, is missing a managing director after Richard Franks stepped down. 

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