BAKO North Western acquires BAKO London & South East
Preston-based bakery supplier BAKO North Western has acquired partner organisation BAKO London & South East, along with its subsidiaries LBBA Ltd and Anglian Bakery & Catering Suppliers Ltd.BAKO’s board and management team believe the joining of two of BAKO’s geographical companies will increase opportunities for suppliers, widen the product range for customers and benefit its members.
BAKO offers a huge range of bakery products to shops, cafes and other organisations, supplying everything from basic commodities such as yeast, flour and chocolate to finished products like cupcakes, muffins and pork pies.John King, of Warrington law firm FDR, which advised on the deal, explained: “BAKO is a leading national brand in the bakery supply business and was set up nearly 50 years ago as a group of co-operatives to increase the purchasing power of its members, very similar to the Co-operative movement. “The legal work included dealing with the particular requirements of an industrial and provident society, complex share structures and liaising with the Financial Conduct Authority. I am delighted we have managed to mix all the ingredients into a first rate commercial agreement for the company.”