Premier Foods halts plan to sell Ambrosia

Premier Foods halts plan to sell Ambrosia

Premier Foods strategy to sell its Ambrosia custard division has been cancelled following the departure of chief executive Gavin Darby in January, who launched the disposal process. Gavin Darby put Ambrosia on the market last November, allegedly following pressure...
CEO to step down as Premier Foods plans for Brexit

CEO to step down as Premier Foods plans for Brexit

Premier Foods, which owns Bisto, Oxo and Mr Kipling, amongst other major food brands, has announced a new strategic initiative to deal with Brexit fears. It has also confirmed the pending departure of CEO Gavin Darby. In a statement, the company has said it intends to...