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Consumer & Retail | Food & Beverage

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.

Parties
“The level of advice, support and expertise we have received from the Oaklins S&W team throughout this challenging process has been second to none. They have gone far beyond the call of duty to ensure this project achieves a successful outcome. We would have no hesitation in recommending them in the future.”

Ashfaq Khan

Former Director, Ambala Foods

Talk to the deal team

Sabial Hanif

Partner
Bristol, United Kingdom
Oaklins S&W

Bethany Eaves

Manager
Bristol, United Kingdom
Oaklins S&W

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