Disposal of Park Cake Bakery to Leadership Team & Private Investors

TombstoneV24 Disposal of Park Cake Bakery to Leadership Team & Private Investors

DATE
March 2017

TRANSACTION TYPE
MBO

VALUE
£ Undisclosed

SECTOR
Food & Beverage

Transaction Overview

Spayne Lindsay & Co. advises investment funds advised by Vision Capital LLP on the sale of Park Cake Bakery (“Park Cakes”) to its leadership team and private investors.

 

Spayne Lindsay is delighted to announce that it has advised investment funds advised by Vision Capital LLP on its sale of Park Cakes, a leading UK bakery business, to the leadership team and private investors

 

The transaction allows the leadership team behind Park Cakes’ growth, to continue to build on the success of recent years

 

Park Cake Bakery has sites in Ashton Road, Oldham and Bella Street, Bolton, employs 1500 people and supplies Cakes and Desserts to household names, such as Marks and Spencer, Tesco, Sainsburys’, The Co-op, Morrisons’, Aldi and Lidl. Turnover for Park Cakes has risen from £110m in 2013, to its current turnover of £160m

 

Ollie Jones, Vision Capital commented:

 

Vision Capital enjoyed working with the Spayne Lindsay team whose sector expertise, thoughtful deal structuring and technical execution skills were invaluable during our ownership of Park Cakes. Spayne Lindsay invested in a long term relationship with us and worked tenaciously throughout”

Contact Spayne Lindsay for further information

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