Bakers Oven
| Company type | Public (LSE: GRG) |
|---|---|
| Industry | Food (Bakery Group) |
| Founded | 1930s |
| Headquarters | Newcastle upon Tyne, England, UK |
Key people | Derek Netherton (Chairman) Ken McMeikan (CEO) |
| Products | Bread, Sandwiches, Drinks and pastries; baked goods |
| Revenue | £586.3 million (2007) |
Number of employees | 18,000 (Greggs) |
| Website | www.bakersoven.co.uk |
Bakers Oven is a bakery company based in the UK. The company is a division of Greggs PLC(LSE: GRG) which is based in Newcastle upon Tyne, England and is quoted on the London Stock Exchange. They specialise in pasties and bread items and most stores sell drinks. The stores are mainly located in South England, The Midlands and Northern England.
History
Bakers Oven was founded by Allied Bakeries and its first location was in Barnard Castle, this was one of the few locations to be called Bakers Oven. In 1994 it was taken over by Greggs and the number of Bakers Oven stores was significantly reduced, they were either sold or rebranded as Greggs. However recently the brand has been revitalised and now has a porfolio of 165 shops instead of the previous 500.
Merging with Greggs
It was announced on 9th December 2008 that Bakers Oven South and Midlands division's would fully merge with Greggs PLC therefore rebranding all 165 Bakers Oven shop's to the Greggs PLC brand, the first of which happened in Wickford.[citation needed]