Endless LLP's acquisition of Hovis builds its bakery presence, with the bread brand joining cake manufacturer Bright Blue Foods in the private equity firm's portfolio and opportunities for synergies, one financial adviser claims.
Vegan ingredients, fruits and traditional cakes are just a few of the products benefiting from the coronavirus pandemic, which has prompted increased consumer focus on health, indulgence, provenance and functional ingredients.
Demand for quantity and quality has forced high-volume artisan producers and larger plant bakers to upgrade equipment, while driving up efficiency and cracking down on waste.
Plant-based confectionery, condiments, dough, beer, chicken and bacon products feature heavily in a new cohort of incubator brands Tesco has just announced.
Bakery will be the nutrition labelling battleground for the foreseeable future as processors across Europe face increasing pressure to reformulate and consumers seek healthier options, according to experts at Bunge Loders Croklaan (BLC).
Italy's Newlat Food has confirmed its proposed acquisition of Hovis, following a Sky News report flagging the move, with Newlat claiming a successful bid would enable it to reach sales of €1bn within 24 months.
Greggs has temporarily halted production and sent 300 staff home from its factory near Newcastle after a “small number” of coronavirus cases were confirmed among staff working at the site.
Laurence Smith, managing director of Fatherson Bakery, shares its progress since winning Small Bakery Manufacturer of the Year at the 2020 Food Manufacture Excellence Awards and new product development plans in this podcast.
