Fabulous Bakin Boys has been taken over by Dutch bakery firm Daelmans

Fabulous Bakin' Boys has been taken over by Dutch bakery firm Daelmans

Dutch bakery group Daelmans has announced the acquisition of UK cake maker Fabulous Bakin' Boys.

The acquisition of the Witney, Oxfordshire-based business includes the Fabulous Bakin' Boys' 100 staff which will be retained under the new ownership.

Daelmans Group said the acquisition will enable it to develop its portfolio, which includes coconut pastries, puff pastries, small cakes and caramel wafers and "enable the group to realise its growth ambitions in Europe".

Thijmen Peter de With, general manager of Daelmans Group, said: "The sale of the Fabulous Bakin' Boys business to Daelmans Group will ensure that opportunities in ambient cakes and bakery snacks market can be realised using our combined expertise and product offering. Fabulous Bakin' Boys has great potential and will benefit from the investment and re-invigoration that an established bakery company such as Daelmans Group can provide."

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Daelmans Group, one of the Netherlands’ leading producers of pastries, cakes and world market leader in caramel wafers, has acquired the business of the Fabulous Bakin’ Boys. Based in Witney, Oxfordshire the Fabulous Bakin’ Boys manufactures a range of baked goods for the grocery sector including flapjacks, muffins and cupcakes.

The company employs 100 staff who will be retained under the new ownership.

A 4th generation, family owned Dutch bakery business; Daelmans Group has a strong growth history and is financially stable with a strong balance sheet.

The acquisition of Fabulous Bakin’ Boys will enable the company to further develop its portfolio which currently includes coconut pastries, puff pastries, small cakes and caramel wafers (the famous Dutch “stroopwafels”) and enables the Group to realise its growth ambitions in Europe. Thijmen Peter de With, general manager Daelmans Group, said: “The sale of the Fabulous Bakin’ Boys business to Daelmans Group will ensure that opportunities in ambient cakes and bakery snacks market can be realised using our combined expertise and product offering. Fabulous Bakin' Boys has great potential and will benefit from the investment and re-invigoration that an established bakery company such as Daelmans Group can provide.” 

Original source: Daelmans Group