Acquisition boosts sales at Aunt Bessie's owner

Mon, 02 Feb 2015 | BUSINESS NEWS

Sales at the food manufacturer behind the Aunt Bessie's brand have increased thanks to the acquisition of a food delivery business.

Aunt Bessie's is part of William Jackson & Son, which also owns Jackson's Bakery, Hazeldene salads, Parripak vegetables and Abel & Cole.

The firm is based in Hull and employs around 2,000 staff. William Jackson established the food business back in 1851 with the opening of a grocery store. His great great grandson Nicholas Oughtred is now the chairman of the firm.

The company has released its latest filed accounts for the year ending 26 April 2014, which shows increased like-for-like sales by 7.2 per cent, bolstered by sales of £24.1 million from the organic food delivery business Abel & Cole. This led to increased turnover of £40 million to £268.5 million with pre-tax profit also rising, from £12.6 million to £15.5 million.

The results come despite recent fallouts from a competitive retail market. Dividend payments of £2.9 million and a final dividend of £1.9 million were proposed for accounts in 2014/15 thanks to the company's performance.

The group confirmed that it was confident that profitable growth will continue in the future with ongoing investment from its "stable and engaged ownership structure" in the business.

______________________________________________________________________
Related information:
Browse our food businesses for sale


Share this article



Latest Businesses for Sale

Independent National Telecommunications Service Provider
UK Wide

Specialises in providing a range of reliable telecoms system maintenance and repair solutions, as well as expert telephony consultancy and full multi-site projects. Offers invited.

Asking Price: Offers Invited
Turnover: £540,000

RELOCATABLE


Electrical Compliance Specialist
South East, UK

Specialises in providing a comprehensive range of electrical compliance solutions for blue-chip clients located across the UK. Offers invited.

Asking Price: Offers Invited
Turnover: £3,000,000

LEASEHOLD


Varied Insulated Wire & Cable Products Manufacturer
UK Wide

Designs, develops and manufactures a broad range of cable solutions based on a diverse process capability that enables the company to provide cost effective, quality cabling solutions across various market sectors. Offers invited.

Asking Price: Offers Invited
Turnover: £1,450,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
19
 
Feb
 

Pharmaceutical manufacturer enters administration | ADMINISTRATION

A pharmaceutical manufacturing company based in Bristol has ...

 
16
 
Feb
 
 
16
 
Feb
 

Historic hotel put up on the market | BUSINESS SALE

A historic hotel located in Haltwhistle, Northumberland has ...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources