AUS: KH Foods to sell cake ops to ABF arm
KH Foods said this morning (14 August) that it has struck a "binding agreement" to sell its operations in Adelaide and Perth to George Weston.
KH Foods said it expects the sale to formally go through later this month. The company added it would use the proceeds to pay off part of its debts.
Christmas is a time for lists, lists and more lists. As we near the end of 2007, it seems an ideal time for just-food to create one of its own and detail who we think has thrived - and who has suffere...
Associated British Foods (ABF) has relaunched its Kingsmill Gold range in a bid to "restore some of its market share", after reports last year that the company was reviewing its bread business....
Australian baker KH Foods has agreed to sell its Balfours and Betabake businesses to San Remo for a combined AUS$7.4m (US$6.7m)....
Associated British Foods is to close its Patak's factory in Scotland at the end of March with the loss of 60 jobs....
Associated British Foods has sold a UK ingredients business to Danish group Danisco....
Associated British Foods, the UK food group, said today (17 January) that trading is "fully up" to the company's expectations, despite a fall in revenue from its sugar business....
Troubled Australian baker KH Foods has said its losses will narrow this year after selling off "unprofitable" businesses and focusing on two key operations....
Associated British Foods has again warned that reform of the EU sugar market will weigh on earnings in its current financial year....
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