Hovis and Kingsmill owners in talks about bread merger
Associated British Foods’ sale of Allied Bakeries would bring together two of the UK’s biggest breadmakersBusiness live – latest updatesThe owners of Hovis and Kingsmill have entered talks which could lead to two of the UK’s biggest bread brands merging amid “challenging” market conditions.Associated British Foods (ABF), which owns Kingsmill parent Allied Bakeries as well as the budget clothing chain Primark, said it was in negotiations with Hovis’s private equity owner Endless regarding a potential deal. Continue reading...
Associated British Foods’ sale of Allied Bakeries would bring together two of the UK’s biggest breadmakers
The owners of Hovis and Kingsmill have entered talks which could lead to two of the UK’s biggest bread brands merging amid “challenging” market conditions.
Associated British Foods (ABF), which owns Kingsmill parent Allied Bakeries as well as the budget clothing chain Primark, said it was in negotiations with Hovis’s private equity owner Endless regarding a potential deal. Continue reading...
