date:Jan 14, 2014
CEO Gavin Darby was quoted by Reuters as saying that the company had no plans to divest Hovis business and was focused on expanding it.
However, the company stated that options were kept open.
I tend to come from a background of trying to grow things, so we are working hard on a growth strategy for Hovis, Darby added.
After losing a number of contracts, the company had shut three bakeries and two mills this year, eliminating 1,000 jobs.