Baking

Baking news in brief

Baking news in brief

UK beverage group Diageo has sold 49.9 million shares in US company
General Mills to reduce debt, while US-based Sara Lee is to shed 60
of its smallest businesses to invest in its leading brands.
Elsewhere, Spain has instigated a...

Taking the cookie test

Taking the cookie test

Efficient, profitable baking is not just a question of having the
right equipment for the job - it is also knowing how to use it
properly. With this in mind, Spooner Vicars, the UK supplier of
bakery equipment, runs regular customised...

Cirio sells bakery unit

Cirio sells bakery unit

Cirio, the Italian food group which went bankrupt in 2002, has
reached an agreement to sell its industrial bakery unit to a
family-owned group, a further step on the road to recovery.

Flowers buys Sara Lee plant

Flowers buys Sara Lee plant

Flowers Foods, the US baked goods producer, is to buy the
Houston-based bread and bun production facilities of compatriot
Sara Lee, including the rights to supply own label and foodservice
customers in the local market.

Good year for Hiestand

Good year for Hiestand

Swiss baked goods group Hiestand has reported strong increases in
both pre-tax and net profits for 2003 on the back of a double-digit
increase in sales, the first results from a new restructuring
programme designed to make the company...

Own label baker sold

Own label baker sold

Rathbones Bakeries, one of the leading suppliers of own label bread
and baked goods to the UK retail trade, has been sold by Greencore,
the Irish food group which is keen to focus on building its
convenience food operations.

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