Investment firm takes stake in North West food business
Ardenton Capital Corporation has announced its fifth UK investment with a majority equity position in Manchester-based Food Innovations Baking Group, a manufacturer of specialist products for the home baking and retail market.
Founded in 2004, the business now has 250 staff across five sites and reports revenues in excess of £34m. The deal incorporates the acquisition of Doric Cake Crafts, Doric Crimped, Doric FPD and Food Innovations.
The business has grown rapidly through acquisitions, as well as strategic investment in new t... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...