Despite a 2.5% drop in sales to £125.8 million Baxters Food Group increased pre-tax profit by 6.9% to £7.1 million for the year ended May 28th 2011. The drop in
Tag "Fray Bentos"
Baxters Food Group, the Scottish soup and preserves manufacturer, has bought Fray Bentos for an undisclosed sum from Princes Group, which is owned by Mitsubishi Corporation. Princes was ordered by
Premier Foods, the UK’s largest domestic food processor, and Princes, the British food and drink company owned by Mitsubishi, are to dispose of the Fray Bentos brand. The move is
Premier Foods has agreed to sell its East Anglian canned grocery operations to Princes for £182m. The sale is in line with Premier’s strategy of reducing debt and follows the
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