McCambridge Group to Sell its Own Label Cake Division

The division operates bakeries in Manchester, Bradford, Blackburn, Salisbury and Szczecin, Poland, producing a wide range of cakes and pies, including celebration cakes, mini rolls, cake bars, Bakewells, fruit pies, mince pies, muffins, Christmas cake and loaf cakes for leading retailers.

2 Oct 2012 --- The McCambridge Group has entered into exclusive discussions to sell its Own Label Cake Division.

The division operates bakeries in Manchester, Bradford, Blackburn, Salisbury and Szczecin, Poland, producing a wide range of cakes and pies, including celebration cakes, mini rolls, cake bars, Bakewells, fruit pies, mince pies, muffins, Christmas cake and loaf cakes for leading retailers.

Simon Webber, Chairman of McCambridge Group said: “Following a strategic review of the business, it was agreed that our Cake Division has great potential and requires capital investment to realise that potential. Following approaches from third parties it was decided to consider a sale of the business.

“The Cake Division is growing both in sales and profitability so is an attractive option for a new investor. Staff have been informed of the proposed sale and it is very much ‘business as usual’ with our bakeries delivering the same high levels of service and quality to customers.

“Should the sale be agreed, employees will be transferred to the new owner and will continue to work as they currently do.”