6 January 2014
M&A levels remained relatively subdued in 2013. Growing private-equity interest and something of a shift in capital flows to mature markets have been significant trends shaping the M&A landscape. While gaining routes-to-market in emerging economies has remained key for strategic buyers. Katy Askew examines some of the stand-out deals of the past 12 months.
23 September 2013
Finsbury Food Group, the UK baker, has more than doubled its full-year earnings, boosted by the sale of its free-from business earlier this year.
15 July 2013
Finsbury Food Group, the UK baker, has said it expect profits to be "significantly" ahead of expectations for its full-year.
8 July 2013
The story of the week centred around China's probe into the alleged fixing of infant formula prices in China, an investigation that has taken in the likes of Nestle and Danone. Elsewhere, consumer goods giant PZ Cussons has decided to move further into food with its acquisition of Australian baby food business Rafferty's Garden. And our latest executive interviews included Australian free-from business Freedom Foods Group and UK baker Finsbury Food Group.
1 July 2013
Earlier this year UK baker Finsbury Food Group offloaded its gluten-free bread business to venture partner Genius Foods. However, Finsbury, which makes cakes for brands under licence and for UK retailers, still sees potential in bread and today announced plans to significantly increase capacity. Michelle Russell spoke to CEO John Duffy.
1 July 2013
Finsbury Food Group, the UK baker, is expanding capacity at its bread site in Salisbury.
24 April 2013
UK gluten-free specialist Genius Foods has signed a supply deal for the Dutch market with online retailer Diepvriesmarkt.nl.
25 March 2013
Finsbury Food Group has said its outlook is now "stronger than ever", having booked a 33% increase in first-half profits.
4 March 2013
The fall-out from the horsemeat contamination continued last week, with Tesco outlining plans to shake up its supply chain and source meat from the UK. Elsewhere, UK free-from firm Genius Foods bought out venture partner Finsbury Food Group and, in the US, more buyers were found for Hostess Brands' assets. Click on the headlines for more.
1 March 2013
UK gluten-free specialist Genius Foods has experienced phenomenal growth since its inception three years ago. Genius has become a leader in the UK's fast-growing gluten-free sector and is set on expanding its presence still further. As part of this drive, it plans to buy out venture partner Finsbury Food Group. Michelle Russell spoke with Genius's CEO Roz Cuschieri.
28 February 2013
UK baker Finsbury Food Group has said it will look to make acquisitions following the disposal of its free-from business to Genius Foods.
28 February 2013
UK gluten-free specialist Genius Foods has acquired Finsbury Food Group's free-from business in a GBP21m (US$31.8m) deal.
23 January 2013
Finsbury Food Group booked an increase in first-half sales this morning (23 January), driven by a "strong" performance from its bread and free-from division.
14 November 2012
Finsbury Food Group, the UK baker, has sold shares in the company to raise funds to invest in its cake business.
1 October 2012
Coles MD Ian McLeod's warning to suppliers into Australia's grocery sector was among last week's more notable soundbites.
24 September 2012
UK cake manufacturer Finsbury Food Group today (24 September) reported an increase in full-year profits after seeing sales exceed GBP200m (US$324.3m) for the first time.
24 July 2012
UK cake maker Finsbury Food Group has seen its annual sales propelled by new product development and contract gains in the back half of last year.
26 March 2012
UK bakery firm Finsbury Food Group has insisted it is optimistic about its growth prospects despite a "tough" consumer environment and continuing cost inflation.
27 January 2012
The UK government this week launched a series of measures, drawn up with industry, to drive the food sector's growth overseas. The so-called export action plan came in the week that food and drink giant Princes announced a venture in Italy and UK confectioner Zetar opened its first sales office in Europe. Zetar's CEO outlined the company's Continental sales target to just-food and, in a further interview with a top executive, Spar International MD Dr Gordon Campbell told us about the symbol retailer's expansion plans in India.
23 January 2012
UK cake maker Finsbury Food Group today (23 January) revealed a 16% jump in half-year sales but said input costs was continuing to put pressure on margins.
24 November 2011
UK cake and bread manufacturer Finsbury Food Group has seen margins squeezed by input costs in the first four months of its financial year.
26 September 2011
UK cake maker Finsbury Food Group said today (26 September) that clawing back costs is "imperative" despite reporting an increase in annual profits.
26 July 2011
Shares in Finsbury Food Group have jumped after the UK baker posted a near 13% increase in annual sales, although the company did admit margins were under pressure.
23 March 2011
Improved sales from Finsbury Food Group's cake division boosted the UK firm's profits in the first six months of its financial year, the company said today (23 March).
21 January 2011
UK cake maker Finsbury Food Group recorded an increase in first-half sales today (21 January), boosted by strong growth from the firm's Genius and Vogel's brands.
23 December 2010
UK cake maker Finsbury Food Group has entered into a joint venture, through its United Central Bakeries and Livwell subsidiaries, with Genius Foods.
30 November 2010
Sales of bread and free-from products have boosted turnover at UK baker Finsbury Food Group.
15 October 2010
Genius Foods is to launch what it claims is the first television advertisement for a gluten-free bakery brand in the UK.
14 October 2010
UK baker Warburtons has revealed plans to launch a range of gluten-free products. As consumer diets and innovation changes, here we take a closer look at the gluten-free bakery sector.
30 September 2010
The chief executive of Finsbury Food Group, the UK cake maker, today (30 September) insisted the company had made progress during the last 12 months despite a fall in sales.