The UK's second largest cake maker Inter Link Foods said yesterday
its management were working with a private equity firm to broker a
possible takeover of the company.
A year of acquisition and investment has proved profitable for UK
bakery company Finsbury Foods but now the group plans to further
build sales by targeting the growing health sector.
Fire has devastated a UK bakery plant owned by struggling food
processors, Northern Foods, in an incident likely to harm their
already faltering profits.
The consumption of baking mixes in the Asia Pacific region may be
low, but a rash of new launches on the market suggests that all
that might be set to change, as time-starved households move
towards quicker, easier alternatives.
The breakdown of the family unit and the increasingly hectic
lifestyles of today's consumers have had a major impact on sales of
one of the most traditional bakery products - cake. So could the
secret to revitalising the category...