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Finance

Croissants
Sweet bakery: steps to growth identified

Swedish bakery supplier Lantmännen Unibake UK claims the sweet bakery category can grow by £59m in the next five years. 

Budgens
Budgens enjoys bakery success in new concept stores

Bakery products have “played an important role” in the success of Budgens’ new concept stores. 

Lotus Biscoff
Profits leap for Lotus Bakeries

Lotus Bakeries, the Belgium based company that has just bought a majority stake in Natural Balance Foods, has seen profits jump by more than a third in its first half. 

Paul
Paul bakery opens second restaurant venue

The second Le Restaurant de Paul is opening in London’s Tower 42 in the French bakery brand’s largest venue yet. 

Bako North Western finalises sister company purchase

Bako North Western, the Preston-based company, has bought sister company Bako Northern & Scotland in a deal to create a business with a turnover of more than £100m. 

Slow growth in grocery sector

“Sluggish growth” has been recorded in the British grocery market in the 12 weeks to 16 August 2015 with Sainsbury's the only one of the big four in growth.

Real Good Food
Real Good Food chairman ups shares

Executive chairman of Real Good Food (RGF) has increased his stake in the company to 3.89%. 

Asda upbeat despite Q2 sales drop

Asda has posted a 4.7% fall in like-for-like sales for its second quarter, in what it described as “disappointing, but a short-term picture”.

Pat the Baker
Irish Pride ‘sold’ to Pat the Baker

The sale of the majority of Irish Pride Bakeries’ assets to Pat the Baker has reportedly been agreed for around €7m (£4.9m). 

Ferrero completes Thorntons transaction

The £112m takeover of British chocolatier Thorntons has been completed by Ferrero, as it pledges to grow the brand.

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