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.”