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