Wholesale Sugar Flowers (WSF), a US-based provider of sugar flowers and decorating supplies, has acquired OLBAA, a brand specialising in cake packaging solutions. Established in 2019, OLBAA ...
Cake Box said it has agreed to buy Ambala Foods for 22 million pounds ($28.5 million) and that it would raise funds to partly finance the transaction.
Ambala operates 22 stores in the UK, as well as a manufacturing facility in Welwyn Garden City. It recorded pretax profit of GBP1.8 million on GBP14.0 million in revenue in financial 2023. Cake Box ...