The BAKO Group was founded almost sixty years ago by a small group of Bakers and continues to be owned ‘by Bakers for Bakers’ to the present day.
The Group is overseen by Bakery Shareholder Directors who remain accountable to a wider network of Shareholders. It is committed to supporting its’ Shareholders, by investing resources into sustaining and promoting the British Baking industry, ensuring there remains a strong platform for Bakers to successfully operate and grow their business in.
BAKO continues to provide additional means of support, by sourcing and delivering ingredients at a sustainable price, thus enabling them to use their knowledge and craftmanship to feed British consumers. It is also committed to supporting its’ Shareholders through innovation, whilst at the same time holding their hand through changes in food legislation.
The Group’s shareholders are also customers of the Group by virtue of the eligibility to become a shareholder as set out in the Company’s Articles of Association. Shareholder engagement is therefore frequent as part of their trading relationship with the Group. Shareholders also have the opportunity to engage with Directors at industry events and, more formerly, at the Company’s Annual General Meeting. The Board measures the success of its shareholder engagement by the consistent support received for all resolutions proposed by the Company in Annual General Meetings over the past three years.