“This is a merger out of distress, not progression” – can ABF-Hovis deal bolster UK bread businesses?
Leaf through at least the last ten years of Associated British Foods’ annual reports and it’s clear the UK bread…
Associated British Foods
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ABF snaps up Hovis despite sales, profit pressures in UK bread
Associated British Foods (ABF) is to acquire the Hovis bread business from UK headquartered private-equity firm Endless. ABF confirmed the…
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ABF’s New Zealand unit eyes milling assets
Associated British Foods is looking to acquire wheat milling and storage facilities owned by Farmers Mill in New Zealand. On…
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Allied Bakeries owner ABF confirms talks with Hovis backer Endless
Associated British Foods (ABF) is in discussions with private-equity firm Endless as the manufacturer weighs up the future of UK…
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Allied Bakeries put under strategic review by parent ABF
Allied Bakeries has been put up for strategic review in what parent company Associated British Foods (ABF) called a “very…
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Stratas Foods to buy AAK foodservice factory in US
US-based Stratas Foods has agreed to buy an AAK facility based in New Jersey supplying the foodservice sector. Stratas Foods,…
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ABF buys Australia bakery business The Artisanal Group
Associated British Foods has disclosed the acquisition of Australian bakery The Artisanal Group. The UK-based business – which sometimes reveals…
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ABF books impairment on Australia meats business
Associated British Foods (ABF) has booked a £41m ($50.4m) impairment charge in Australia related to its Don meats brand. Elevated…
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Associated British Foods to buy dairy-tech company National Milk Records
Associated British Foods, the UK conglomerate, plans to buy local dairy technology firm National Milk Records (NMR) in a deal…
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Unilever signals further pricing actions on food products in Europe
UK consumer goods giant Unilever has said it will continue to hike the price of food products in Europe. Although…
