Rathbones Bakeries

Rathbones Bakeries was a bakery founded in 1893, in Lydney, Gloucestershire. By 1997 it was owned by Greencore, through that company's purchase of Kears Group[1] Two years later, Kears Group rebranded itself as Rathbones.[2]

Kears was bought from Greencore by Finedon Mill of Northampton, for £20.6 million in April 2004,[3][4] a year in which it had sales of £100 million, with customers including Morrisons and Tesco.[5] Following a fire the company went into receivership, with part of its operation sold to Warburtons and parts to Morrisons in 2005.[5][6]

References

  1. ↑ History from the Greencore website
  2. ↑ Kears Rebranding as Rathbones, a Food Trade Review from December 1, 1999 via HighBeam Research
  3. ↑ Rankine, Kate (4 May 2005). "Morrisons buys failed bakeries". London: Telegraph. Retrieved 2011-03-17.
  4. ↑ "Bakery company in administration". BBC News. 4 April 2005. Retrieved 2011-03-17.
  5. 1 2 Press Association (2005-05-03). "Morrisons buys Rathbones bakeries | Business | guardian.co.uk". London: Guardian. Retrieved 2011-03-17.
  6. ↑ "Morrisons buys fire-damaged bakery giant". The Times of London. 3 May 2005. Retrieved 2011-03-17.
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