Wed, 04 Nov 2015 | BUSINESS SALE
Cadwaladers, a Welsh ice cream chain, has been bought out of administration in a deal that looks set to put the firm in a strong position for growth.
The business had a total of 14 shops operating across north and south Wales in locations including Barry and Cardiff. The deal will secure 92 jobs at the company by maintaining nine of those 14 shops.
It was the management team at the business who lead the distressed purchase, headed up by Diane Brierley and Mark Andrews.
They were driven by a desire to protect the future of the business and noted that the deal will put the company in a “strong position” as it moves forward.
Ms Brierley added in a report from The Daily Post: “It has been a difficult few months, but with our range of award winning products and excellent customer service, we believe Cadwaladers has the potential to come back stronger by offering customers something different to the standard cafes and coffee shops usually seen on the high street.”
The business was originally established by the Cadwalader family in Criccieth in 1927. They used a secret family recipe for their famous vanilla ice cream which is still used today.
View more businesses for sale in Wales.
Viewing: Wednesday 27 February 2019 between 10am and 3pm. Closing From 10am Friday 1 March 2019.
Tyre specialist offering commercial and agricultural tyres. Major Tyres Ltd with Hankook performance tyres. Offers invited.
LEASEHOLD
Busy vehicle tyre changing business, which is in a prime trading location in Midhurst, West Sussex. The business was established by our clients in 1984. Only now is the business being offered to the market, due to our clients’ desire for a well-deser...
FREEHOLD
|
21
|
|
Feb
|
Lakeside hotel enters administration | ADMINISTRATION
A historic but well-preserved hotel located on the banks of ...
|
19
|
|
Feb
|
Pharmaceutical manufacturer enters administration | ADMINISTRATION
A pharmaceutical manufacturing company based in Bristol has ...
|
16
|
|
Feb
|
Flybmi collapse - Ryanair, Loganair quick to take advantage and is Brexit really to blame? | ADMINISTRATION
Airlines Ryanair and Loganair are moving quickly to take ad...
Sign up to receive our acquisition alert emails to get your FREE guide
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources