The Leeds employment team at Squire Sanders Hammonds is celebrating after being appointed to advise British institution, Greggs Bakery, on its employment work.
Greggs is a listed company with a market capitalisation of around £500 million and close to 1500 outlets in the UK – believe it or not, twice as many as Starbucks!
The group has just under 20,000 employees and sells freshly-baked bread, savoury snacks and confectionery. It is particularly famous in the UK for its sausage rolls, of which it sells 130 million a year.
The group has dealt successfully with the recession and is due to expand further in the UK market, with 600 new shops scheduled to open in the next few years.
Andrew Stones, a Leeds employment partner, will lead the team advising the client, after several months of preparation, which included a bakery visit where Andrew got to ice some cakes.
Commenting on the instruction, Andrew Stones said: “This is fantastic news for the team and the firm. We are building a strong relationship with Greggs and are extremely proud to have won this work. There is a natural synergy between the two teams and it is exciting to work for a business that does everything themselves, from baking and distributing their own products through to selling them in their own stores.”
Squire, Sanders & Dempsey (UK) LLP