Paul Hollywood bakery targets US and Far East
St Pierre Groupe, which recently rebranded from its former name Carrs Foods, is launching its first food-to-go range in America as it looks to boost its fast-growing US business.
Founder Jeremy Gilboy said the US arm generated half of its £69m in sales last year and is set for further rapid growth, with the “massive” food-to-go sector offering a significant opportunity.
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Hide AdHe is also looking at tapping into the Far East as St Pierre increasingly expands its international footprint.
The firm has just raised £6.7m backing from BGF and Lloyds Bank for plans to accelerate expansion and snagged former Tyrells boss David Milner as its chairman to help drive growth.