Premier Foods will shut two bakery sites and remove 130 distribution routes at a cost of £28m ($44.5m); a move sparked by its lost Co-op bread contract.
Italian firm Barilla Holding has announced its intentions to sell German private label bakery business Lieken in order to focus on branded bakery and growth in its pasta, sauces and ready meals businesses.
According to Mintel, a leading supplier of competitive media and
product & consumer intelligence, the snack market is becoming
increasingly varied as the industry continues to pursue innovation.
The addition of two major grocery brands (Mazola and Ovaltine)
helped lift sales and profits at Associated British Foods in the
last 12 months. But the traditional ingredients, agriculture and
retail businesses also improved during...
