date:Dec 07, 2012
One of the UKs largest own-label cake and pastry manufacturers has been snapped up by a private equity firm in 23.5M management buy-in deal (MBI).
McCambridge Groups cake division which bakes one in 10 of every retail pre-packed ambient cakes and pastries is now in the hands of NGBI Private Equity.
The sale of the cake division, complete with its bakeries in Manchester, Bradford, Blackburn, Salisbury and Szczecin, Poland, will not affect the 637 UK-based jobs or 259 positions in Poland, a sp