BAKKAVOR GROUP PLC (LON:BAKK)

Consumer

Bakkavor Group PLC is a UK-based global food manufacturing company. The company was found in 1986 and its headquarters are situated in London. It is listed on the London Stock Exchange publicly and it also falls under the FTSE All-share index. From 2018 to 2020, the company was under the FTSE 250 index. In 2015, it was also listed in the Sunday Times Top Track 100 at the 27th position. The company operates across 45 locations worldwide. Among these locations, it has 23 factory sites, 4 distribution centers and its head office in UK. It has 5 factories including a head office in the United States and 9 factories, 1 farm and one head office in China.

The company specializes in the manufacturing of freshly prepared foods, mainly in China and the United States. It offers a wide range of products to its customers, which include desserts, bakery products, fresh fruits and salads, dips and dressings, smoothies and juices, fries, sandwiches, pizza and pasta, and other ready to eat meals. The company offers this product range to various western food chains in China, which include KFC, Pizza Hut and Starbucks.

The goal of the company is to manufacture and deliver fresh, tasty, and high-quality food to its customers across the globe. It promotes a culture of transparency and accountability and gives key priority to the safety and quality parameters of its products. It uses the HACCP principles (Hazard Analysis and Critical Control Points) to reduce the safety risks and ensure that all the food safety parameters and quality standards are met in the value chain.  The manufacturing factories of the company in UK have received an A++ or A+ certification for food safety as per the British Retail Consortium Global Standard. In US, it complies with the USFDA standards, and in China the company has passed the American Institute of Bakery Audit as well as the International Organization of Standardization has accredited the manufacturing site of the company in Hong Kong, China

The company follows well-defined standards of corporate governance and gives key priority to ethics and integrity in its business model. In addition to fulfilling its corporate responsibilities, the company also fulfils its social and environmental responsibilities. It follows strict policies on gender pay gap, diversity and inclusion, modern slavery, supplier code of conduct etc. The company focuses on responsible sourcing, innovation, and strives for sustainable business solutions to maximize the risk-adjusted returns for all stakeholders. It aligns its business objectives with the United Nations SDGs and tries to create a positive impact on the society and the environment.

Contact Information

company address Bakkavor Group Plc 5th Fl, Fitzroy Place, 8 Mortimer Street LONDON W1T 3JJ United Kingdom GBR

company phone+44 207 908 6100

company websitehttps://www.bakkavor.com/

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