Rathbones bakery

Investor: Warburtons

Warburtons has acquired the former Rathbones bakery in Wakefield from Morrisons as part of a £100m investment, which includes a makeover of its gluten-free site at Newburn and a new distribution centre. Summary of transaction details: Value: £100m Sector: Consumer Goods Advisor: Not disclosed Key Entities: Warburtons, Morrisons, Rathbones bakery Location: Wakefield, UK Note: This acquisition is part of Warburtons' strategy to expand its production capabilities and upgrade its existing facilities, demonstrating the company's commitment to investing in its business and increasing its presence in the UK bakery market.