AB Foods seals Hovis purchase to boost bread scale
6 Articles
6 Articles
AB Foods seals Hovis purchase to boost bread scale
Associated British Foods said it has completed the purchase of Hovis, adding one of the UK's best-known bread brands to its Kingsmill brand as it seeks to better compete in a market that has seen a decline in demand for the packaged sliced loaf.
ABF Completes Hovis Deal to Create Larger Bakery Group
Associated British Foods (ABF) has completed its acquisition of Hovis Group, paving the way for the integration of the Hovis and Allied Bakeries businesses following regulatory approval last month.The deal, completed on Wednesday (8 July), combines ABF's Allied Bakeries business with Hovis to form a new business that will operate as Hovis Bakeries under the brand line 'Nourishing the Nation'.ABF said the enlarged business aims to create a "susta…
ABF completes acquisition of Hovis Group Limited
Discover what's happening in retail today, Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and much more. Associated British Foods plc (“ABF” or “the Group”) today announces that it has completed its acquisition of Hovis Group Limited (“Hovis Group”) from Endless LLP. The acquisition of Hovis Group and its combination with Allied Bakeries, the UK bakery business of ABF, wi…
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium

