Aga Foodservice, owner of Eloma, which supplies combi-ovens to the pub trade, is on the hunt for acquisitions worth £20m-£30m. The move is part of a strategy to double sales to more than £1bn in the next five years. It ruled out a bid for rival Enodis on the day it reported first-half trading “in line” with market expectations and ahead of the £18m recorded for the same period in 2005, helped by strong Irish and growing French markets. William McGrath, chief executive, bought 4,000 shares at 321p each, taking his stake to 152,029 shares. Citigroup rated the company a buy and Credit Suisse repeated its underperform rating and 350p price target. The shares closed up 9.5p to 382.5p on Friday. Financial Times 08/07/06 page 18 The Times 08/07/06 page 50 (Need to know) The Daily Telegraph 08/07/06 page 31, page 33 (The Market)