Despite the cost-of-living crisis, the fourth generation firm is swallowing as many price increases as possible to avoid passing on hefty rises to its customers.
The association celebrated its 130th anniversary at the Baking Industry Awards 2021, which saw Stephens Bakery swoop up the title of Craft Bakery Business.
US private equity firm Bain Capital is leading the acquisition of Bread Holdings – the parent company of the upmarket UK coffeehouse chain – with input from EBITDA Investments and entrepreneurs Henry McGovern and Steven K. Winegar.
