George Weston – Page 6
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News
Associated British Foods buys Azucarera
Associated British Foods has confirmed it has agreed to buy Azucarera Ebro, the sugar operations of Spanish food company Ebro Puleva, for €385m (£326m).
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Kingsmill helps ABF shrug off sugar slump as sales soar 21%
An "enormously encouraging" improvement at its Allied Bakeries subsidiary capped a strong performance by manufacturing giant Associated British Foods - to offset increased costs at its European sugar business.
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Jordans and Ryvita to merge
Cereals business Jordans is to merge with Associated British Foods' Ryvita business.Associated British Foods, which took a 20% stake in Jordans last year, will have a 62% interest in the combined business, with the balance held by the...
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ABF buys Jordans stake
Associated British Foods is to buy a 20% stake in cereal manufacturer Jordans.The food giant will acquire the share capital from the founding Jordan family, which will continue to control the business.The Jordans product range...
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Federation of Bakers names new chairman
Brian Robinson has been elected chairman of the Federation of Bakers, 18 months after becoming chief executive of the Allied Milling and Baking Group.He takes over from Miles Warnick, Premier Foods' chief operating officer, bread and...
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World News - 27th May 2006
Wal-Mart has become the second international grocer in the past month to exit South Korea. The US retail giant said that it was selling its portfolio of 16 stores in the country to South Korean retailer Shinsegae for $882m. Mike...
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ABF to acquire Illovo Sugar
Associated British Foods has announced a recommended offer to acquire 51% of Illovo Sugar, the largest cane sugar producer in Africa.ABF said that it would support Illovo's plans for capacity expansion and development in its African...
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Entenmann’s cakes head back to the shelves
Entenmann’s cakes could be back in stores by March following a deal between the brand’s Canadian owner George Weston and Leeds baker Country Style Foods.
The deal follows weeks of uncertainty as the £12.8m brand gradually disappeared from… -
News
Supplies run out
Retailers are rapidly running out of Entenmann’s cakes as the brand’s Canadian owner works around the clock to find a new UK manufacturer.Sales of Entenmann’s cakes, which were up 15% in the year to November 29, are worth £12.8m in the UK, and...