Wirral-based bakery products and ingredients supplier Arkady Craigmillar has acquired US-style cookies manufacturer Readi-Bake for 128m from its US parent company Country Home Bakers.

The acquisition will enable Arkady Craigmillar to offer an extended selection of cookies to the instore bakery and foodservice sectors.

Based in Milton Keynes, Readi-Bake currently supplies American recipe cookies to high street bakeries, supermarkets and cookie stores across the UK and Europe.

Arkady Craigmillar MD Steve Moon said: “Readi-Bake is already a successful UK business, with a market-leading cookies range that perfectly complements the existing Arkady Craigmillar portfolio.”