Bakkavor takes £12m bite out of bakery business
Bakkavor Group, the provider of fresh prepared food which has its bread division in the Humber, has bought Haydens Bakery from Real Good Food for £12m.
Established in 1976, Haydens is a manufacturer of sweet bakery products for the major UK grocery retailers. The business operates from two sites in Devizes, Wiltshire, and has around 480 employees.
In the financial year ended 31 March 2017, Haydens generated £31.3m of revenues and was break-even at the operating profit level.
Agust Gudmundsson, chief executive officer of Bak... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
