Breadmakers Hovis and Kingsmill in merger talks

The sale of the subsidiary Karamolegos Bakery Romania to the Grupo Bimbo Group, through Vel Pitar, was recently confirmed by the strong domestic bakery industry. Regarding… Karamolegos: Sold the subsidiary in Romania – Grupo Bimbo is the buyer - ΙΝΑΦΤΕΜΟΠΟΡΙΚΙ

Breadmakers Hovis and Kingsmill in merger talks

The owners of two of Britain’s biggest bread producers – Hovis and Kingsmill – are reportedly in discussions regarding a merger between the two firms as challenges deepen for the market. Associated British Foods (ABF), the owner of Kingsmill’s parent company Allied Bakeries, and investment firm Endless, which owns Hovis, are in talks about a combination of the two business, as reported by Sky News. Talks were said to be ongoing but with no deal …

Hovis and Kingsmill-owners in talks about historic bread merger | Money News | Tech, Entertainment, Sport, Fashion, Travel News

The owners of Hovis and Kingsmill, two of Britain’s leading bread producers, are in talks about a historic merger amid a decades-long decline in the sale of supermarket loaves. Sky News has learnt that Associated British Foods (ABF), the London-listed company which owns Kingsmill’s immediate parent, Allied Bakeries, and Hovis, which is owned by investment firm Endless, have been involved in prolonged discussions about a combination of the two bu…