Two leaders in specialty sweet products join forces to expand their reach across the UK
Deal Flash
Ambala Foods, a manufacturer and retailer of a range of confectionary and desserts from India, has been acquired by Cakebox PLC, a producer of specialised cakes.
Based in the UK, Ambala Foods produces and sells Indian 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. Cakebox PLC is a UK-based company specializing in egg-free cakes. Founded in 2008, the company has grown to over 230 locations around the UK. Cakebox PLC 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.
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, UNITED KINGDOM
Oaklins was instrumental in facilitating this deal
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 & beverage and consumer & retail sectors.
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