Mr Kipling cake firm Premier Foods has scrapped plans to sell off its Ambrosia custard brand, blaming the current business climate. Mr Kipling cake firm Premier Foods has scrapped plans to sell off its Ambrosia custard brand, blaming the current business climate. However, it has since parted company with chief executive Gavin Darby, who ordered the sale. “The board has concluded that in the present business climate the process will not result in a satisfactory financial outcome. Chief financial officer Alastair Murray has stepped into Mr Darby’s shoes while the hunt for a permanent successor continues.

Source: Irish Independent February 15, 2019 07:41 UTC