Business boom for European bakery company with South Downs site
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The company - Baker & Baker, formerly known as CSM Bakery Solutions - reported a turnover of €450 million and growth of 14 per cent during the first 12 months of operation.
The company has a manufacturing site at Ashington.
A spokesperson said: “Set against a backdrop of rising commodity prices and fluctuating Covid-19 restrictions throughout Europe in 2021, Baker & Baker’s agile business model has been able to overcome these challenges and demonstrate a clear path for future growth.”
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Hide AdThe company says that a number of significant product launches have strengthened its growth including its ‘Boomies’ Berliner donut, and the lower fat and calorie Simpsons donut range.
Last year Baker & Baker launched an office in Dubai and is plannning to open a branch in Poland this year.
Company chief executive John Lindsay said: “Our first year as Baker & Baker has been an incredible journey.
“Successfully completing a complex business separation during normal market conditions is challenging, but considering raw material inflation and the impact of Covid-19, we have demonstrated considerable resilience and agility to deliver an impressive financial performance.”
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Hide AdThe company, whose headquarters are in Merseyside, is now planning a number of new product launches and expansion into emerging markets.
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