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Warburtons acquires garlic bread producer Giles Foods
date:May 22, 2013
lities, and has annual revenues of 25m. Its largest customer is supermarket group Wm Morrison.

David and Shirley Rixon hold a majority stake in Giles Foods. With the acquisition, David Rixon will continue to head the business as a separate unit, while the management will remain in place.

Warburtons chairman and chief executive Jonathan Warburton said that Giles Foods would offer the company a short cut to innovation and establish Warburton as a 'bakery brand rather than a bread'.

This deal is

12/25 03:34