Australia: George Weston Foods acquires Abe’s Bagels
George Weston Foods, the food manufacturing subsidiary of Associated British Foods (ABF), has acquired the bagel manufacturer Abe’s Bagels for an undisclosed sum. The strategic transaction transfers ownership of the brand and its St Johns bakery in East Auckland to George Weston Foods, expanding a bakery stable that already includes Tip Top Bakery, Ploughmans, Abbotts […]
Australia: Tip Top Bakeries opens $130 million bakery in Western Australia
Tip Top Bakeries, the Australian bread manufacturer, has officially opened a new A$130 million ($85 million) state-of-the-art production line at its Canning Vale facility in Western Australia. The investment has effectively doubled the site’s fresh bread production capacity, with the new line capable of producing 8,350 loaves per hour. According to the company, the upgrade […]
UK: Allied Bakeries, Hovis in merger talks
Associated British Foods (ABF) has confirmed it is in discussions with private equity firm Endless, the owner of Hovis, regarding a possible merger with ABF’s Allied Bakeries business, according to a FoodBev report. In a statement, ABF noted that Allied Bakeries “continues to face a very challenging market”, adding: “We are evaluating strategic options against this […]
UK: Allied Bakeries to cease manufacturing in Cardiff
Allied Bakeries, the UK bakery firm behind brands such as Kingsmill, Allison’s, Sunblest and Burgen, has announced plans to halt production at its site in Cardiff with the loss of up to 180 jobs, according to BBC and Wales Online reports. “Earlier this year Allied Bakeries announced the loss of a major own label bakery […]