Bread producers Hovis and Kingsmill are set for a historic merger with their owners expected to ink an agreement after months of discussion. Kingsmill, whose immediate parent Allied Bakeries is owned ...
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“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 market has been no cakewalk for the food, ingredients and retail group. There have been ...
AB Foods has been exploring options for Allied Bakeries Deal would bring together Kingsmill and Hovis bread brands No certainty a deal will be concluded AB Foods shares rise 1% May 6 (Reuters) - ...
Kingsmill's owner has said it has agreed to buy rival Hovis and plans to merge the companies in a move that would create the UK's biggest bread brand. Associated British Foods (ABF) which also owns ...
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