Nish Kankiwala has been appointed ceo at Hovis

Hovis appoints new ceo

By Michelle Perrett

Hovis has appointed Nish Kankiwala as its new ceo, replacing Martyn Wilks who is to retire.  

Grocery brand sales grew by 2%

City welcomes Premier’s transformation

News that Premier Foods had concluded a major refinancing deal has been well received by the City, with analysts suggesting it heralds a much brighter future for the ambient-branded food business.

Sources and analysts say Premier wants £100M for its Hovis business

Three buyers in the running for Premier’s Hovis bakery

By Rick Pendrous

Premier Foods’ plans to sell its troubled Hovis plant bakery business should become clearer over the coming months, as news emerged towards the end of last year that a shortlist of three candidates were interested in buying or investing in the business.

Premier Foods have featured in the news constantly this year as it trys to solve its debt problems

Premier Foods’ year in pictures

By Laurence Gibbons

Premier Foods was the subject of media reports surrounding the sale of £100M of its debt and its Hovis brand – as well as seeing a number of its directors quit the company – over the last 12 months.

Premier Foods' plan to seek a financial partner for its bread business has divided City opinion

Premier Foods tight-lipped on bread sale

By Michael Stones

Premier Foods is remaining tight-lipped about reports that the Mexican bakery Grupo Bimbo may acquire its troubled bread division, as the firm’s short-term prospects divided City opinion.

Reassurance was needed about Premier Foods’ bread division, after it lost the lucrative Co-op contract to Allied Bakeries early this year, said Martin Deboo

Premier Foods could sell milling business next

By Mike Stones

The closure of Premier Foods’ Barry mill in the Vale of Glamorgan – with the loss of 43 jobs last week – and plans to reorganise its milling business into two parts could herald its sale, according to City analyst Investec.

Shock move: Michael Clarke is to quit Premier Foods. Gavin Darby will replace him on February 4

Premier Foods boss Michael Clarke in shock exit

By Mike Stones

The boss of Britain’s biggest food manufacturer, Premier Foods, has quit the debt-laden company today (January 28) after only 18 months, in a move that surprised City analysts.


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