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.
British bakery Inter Link Foods has blamed waning cake sales
earlier this year on unfavourable weather conditions but reported
an already strong market for the Christmas period.
Inter Link Foods has installed a multi-station Vantage recipe
formulation and traceability system at its newly acquired facility
in Poland in order to satisfy the stringent requirements of the
Tesco audit on quality and traceability.
Canny acquisitions have led Britain's cake sector whiz kid, Inter
Link Foods, to report another strong profit rise, but the company
should tread carefully amid rising debts and a sluggish home market
that prizes quality over...
The rising star of Britain's cake sector, Inter Link Foods, is
buying its way into Poland - hoping to benefit from the growing
dominance of multinational supermarkets across eastern Europe while
also using its new plant to ship...
A golden opportunity in the UK cake market has led one of the
country's top cake makers to try and raise a speedy £8.5 million in
cash so it can expand production and take advantage before its
rivals, reports Chris Mercer.
The meteoric rise of Inter Link Foods continues as the company
confirmed its status as Britain's thrid biggest cake-maker by
announcing another sales increase since April.
Inter Link Foods has grown rapidly to become Britain's number three
cake maker, helped by canny acquisitions and lucrative licensing
deals. The challenge now is to push into new areas of growth, such
as healthy cakes, and mount...
Speciality cakes is one of the fastest-moving sectors in the UK
baked goods market, and producers are continually looking for new
products to extend their presence in this sector.
The launch of 26 new products in the first four months of the year
have given the UK's Inter Link Foods - maker of Soreen malt loaf -
a solid base on which to grow sales in the first half.
The acquisition of the Soreen malt loaf business, and a continued
focus on new product development, have helped Inter Link Foods
become one of the fastest-growing companies in the UK cake market.
Inter Link, the UK cake and confectionery producer, last month
completed its acquisition of the Soreen business, which gives it
control of the third-largest cake brand in the British market,
Soreen's malt loaf.