John Bayne, Joint Managing Director (Credit: Bayne’s the Family Bake)

Bayne’s to invest £11 million in major Scottish expansion after record financial year

Facebook
LinkedIn
X

Subscribe to our Daily Newsletter

Why? Free to subscribe, no paywall, daily business news digest.

Bayne’s the Family Bakers has announced a bold strategic roadmap to double its retail footprint and invest £11 million into the future of the business over the next five to eight years. The announcement follows a record-breaking financial year, with turnover surpassing £51.2 million for the year ended 31 March 2025.

Building on a legacy of over 70 years, a multi-million-pound expansion of the Orwell Bakery hub in Lochore serves as the foundation for a sustainable growth strategy. This investment supports a planned rollout of three to four new shops per year, ensuring the bakery remains a cherished staple of the Scottish high street for generations to come.

John Bayne, Joint Managing Director, Bayne’s the Family Bakers said, “Our plans represent a long-term investment in the future of Bayne’s as a family business. Over the next five to eight years, we intend to invest around £11 million in a way that is responsible, sustainable, and firmly focused on the long term.

“This is about growing carefully, reinvesting in our communities, and continuing to create local employment where Bayne’s has been part of the fabric of daily life for generations.”

While turnover grew by 15.3% to £51,292,521, the company managed significant inflationary headwinds, including rising costs for ingredients, wages, and energy. Despite these pressures, profit before taxation remained steady, providing a strong foundation for the planned multi-million pound reinvestment.

Bayne’s also continues to invest in store refurbishments and continual product innovation. The workforce also grew to 963 employees this year. Aggregate remuneration rose to £22.4 million in 2025, reflecting a significant investment in the local economy.

John Bayne continues, “We are committed to continually improving quality and driving thoughtful product innovation, ensuring everything we make reflects the care, skill, and integrity that customers expect from Bayne’s.

“Our people are the backbone of the business, and looking after them – through training, development, and creating a supportive working environment – is fundamental to our plans for the future. Sustainable growth can only be achieved by investing in the skills, wellbeing, and progression of the teams who make Bayne’s what it is.”

As the business continues to grow, it remains firmly committed to sustainability, reducing its carbon intensity ratio from 56.7 to 51.9 tonnes of CO2 per £M of turnover. The company also prides its commitment deeply rooted in social responsibility, supporting the Trussell Trust and The Bayne’s Charitable Trust to ensure its growth benefits the wider community.

To learn more about Bayne’s The Family Bakers please visit: baynes.co.uk.

Related stories

Father’s Day high tea returns to Horizons at Pettycur Bay
Andy Murray makes surprise appearance at Walker’s Shortbread HQ
Barra Castle spring pop-up returns with interiors, fashion and café experience
Exclusive: Scotland’s £24bn food and drink industry urges investors to take a fresh look
Industry calls for action as FDF Scotland warns food inflation could hit 9%
Hebridean Baker: Nordic Islands earns Fortnum & Mason Food and Drink Awards nomination

Other stories from Larder

Subscribe to our daily newsletter

Why? Free to subscribe, no paywall, daily business news digest.