Bakery co-operative restructures to offer members a slice of its success

L-R Dianne Walker, Mike Tully and Joe Hall
A North West bakery co-operative is aiming to attract new shareholders to raise capital to fund further expansion and reinforce its ethos of “by bakers for bakers”. Preston-based BAKO North Western Group was founded more than 50 years ago as a regional buying co-operative and shares are still held by its customers. The group has grown significantly over the last five years. In 2013, it acquired BAKO South Eastern and BAKO North East & Scotland in 2015. Turnover has doubled from £66m in 2014 to £132m last year. The grou... You can carry on reading for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...