Artisan bakery and foodservice chain Lagkagehuset has been acquired by holding company Nordic Capital from its majority shareholder FSN Capital for an undisclosed sum.
Premier Foods will pump up to £25M into its production facilities in a bid to boost output and efficiencies across the UK and bolster its recovery this year, according to ceo Gavin Darby.
Processors are braving the harsh economic climate to undertake big capital investments to increase their capacity, which reflects the results of Food Manufacture's 2011 survey.