Finsbury Foods has announced the acquisition of Yorkshire Farm Bakery (YFB) and A&P Foods for GBP8.9m (US17.68m).


Yorkshire Farm, which produces gluten free breads, and A&P Foods, which produces gluten-free pre-mixes for YFB, both share the same site.


The acquisition of the two companies was made from the Arnett family, three of whom will remain with the business.


“The UK retail market offers huge scope for growth as more and more consumers choose a wheat free diet, and the UK medical prescription market, which is twice the size of the retail market, brings new opportunity,” said Dave Brooks, Finsbury Food Group chief executive. “These businesses perfectly fit our acquisition criteria, and their acquisition is further evidence of our group’s confidence in our market positioning and trading performance.”


The acquisition is designed to complement the group’s health businesses – an area where it has already experienced strong growth and foresees further significant potential.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Finsbury has created a new trading company, Livwell Ltd, to complete the acquisition of the assets and undertaking of YFB and A&P.


An amount of GBP4.8m is payable on completion, with the remainder payable in stage payments.


Combined YFB and A&P sales in the year ended March 2007 were GBP7.30m, with forecast sales for the year to March 2008 predicted at GBP8.50m.