St Pierre Groupe, which recently rebranded from Carrs Foods the international branded bakery business, has secured an investment of £6.7m from BGF and partner Lloyds Bank, facilitated by Grant Thornton.
At the same time, it has announced the appointment of David Milner, former CEO of Tyrrells, who comes on board as Non-Executive Chairman.
The investment in the bakery group, which includes brands, St Pierre, Baker Street and Paul Hollywood, is to accelerate international growth as well as investing behind digital channels to enable more direct and closer communication with consumers.
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