McCambridge sells cake division to private equity

  • Print
  • Share
  • Comment
  • Save

McCambridge Group has sold its own-label cake division to private equity firm NBGI Private Equity.

The company said selling the division, which has bakeries in Manchester, Bradford, Blackburn, Salisbury and Szczecin in Poland, would enable it to focus more on growing its malt loaf brand Soreen and its bakery business in Ireland, where it is a market leader in soda bread.

“The group’s focus will now turn to the two remaining divisions and we will continue to develop these business units on the back of the excellent work the divisions have completed already,” said Simon Webber, chairman of the McCambridge Group.

It added that the cake division would be in good hands at NGI Private Equity.

“The cake division has great growth potential. We are delighted that the business has been sold to NBGI Private Equity, who has a track record in owning businesses in the food industry,” said Webber.

The sale had come about following a strategic review and approaches from “interested parties”, he added.

Have your say

These comments have not been moderated.

You are encouraged to participate with comments that are relevant to our news stories. You should not post comments that are abusive, threatening, defamatory, misleading or invasive of privacy. For the full terms and conditions for commenting see clause 7 of our Terms and Conditions ‘Participating in Online Communities’. These terms may be updated from time to time, so please read them before posting a comment.

Any comment that violates these terms may be removed in its entirety as we do not edit comments.

If you wish to complain about a comment please use the “report this comment” facility or email


Related images

  • Print
  • Share
  • Comment
  • Save

Grocer jobs Experts in FMCG

CR Smith Sales Executive

Sales Executive - CR Smith

OTE £50K + Car + Monthly incentives
Search jobs
Sign in

Newsletter Sign-up


I wish to receive the following newsletters:

For Members

Become a Gold Member to receive these newsletters:

Become a Finance Member to receive these newsletters:

Become a member of The Grocer



CLICK HERE to search for the products, services and companies you need in the definitive guide to the UK food and drink industry.


The Grocer's commentators and opinion makers