High Street
Cake Box to acquire Amala Foods for £22m
Founded in 1964, Ambala has been family-run since its inception and currently operates 22 stores – 19 of which are owned stores and three being franchised
Fresh cream cakes retailer, Cake Box, has conditionally agreed to acquire Ambala Foods Limited, a UK-based manufacturer and retailer of Asian sweets (Mithai), for £22m.
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