Ambala Foods Limited has been acquired by Cake Box Holdings plc

March 2025 — Cake Box Holdings plc has acquired the Asian dessert specialist Ambala Foods Limited.

Ambala Foods is a UK-based manufacturer and retailer of Asian sweets, known as Mithai. Established in 1965, the company has built a reputation for its authentic, high-quality and fresh confectionery, including halwas, ladoos, rasmalai and baklava. Ambala Foods operates 22 stores across the UK, with a manufacturing facility in Welwyn Garden City.

Cake Box is a UK-based company specializing in egg-free cakes. Founded in 2008, the company has grown to over 230 locations across the UK. Cake Box caters to customers who follow a vegetarian diet or have egg allergies, offering a wide range of freshly made cakes for various occasions, including birthdays, weddings and festivals. The company prides itself on using high-quality ingredients and providing personalized cakes with hand-piped messages.

Our role in the transaction

Oaklins S&W, one of Oaklins’ member firms in the UK, acted as the exclusive sell-side advisor to Ambala Foods. This transaction adds to the team’s extensive experience in the food, consumer and retail sectors.