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.
Our client is a market-leading print and media management company, utilising changing trends and technologies to remain at the forefront of its sector. Offers invited.
Established for over 37 years, the company has developed a strong industry reputation for providing consistently high-quality and high-performance diving equipment, complemented by excellent levels of customer satisfaction. The company offers a compr...
FREEHOLD
Opportunity to acquire the entire issued share capital of a UK based supplier of infrastructure, power supply, transmission and ancillary equipment to the Security industry. A strategic buyer can benefit from the Company's extensive product range and...
|
17
|
|
Oct
|
SYNETIQ acquires motor remanufacturer Motorman | BUSINESS SALE
Salvage and vehicle recycling company SYNETIQ Limited has ac...
|
17
|
|
Oct
|
Sealant company makes its first acquisition in Yorkshire | BUSINESS SALE
SD Sealants, a sealant and cosmetics repair business headqua...
|
16
|
|
Oct
|
Automotive supplier completes MBO | MBO/MBI
An automotive products supplier located in South Yorkshire h...
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