BAKO Group Limited Acquires BAKO Western Limited

Oghma Partners, the corporate finance house to the consumer industries, is pleased to announce that it acted as financial advisor to BAKO Group Limited (“BAKO”) on its acquisition of Bako Western Limited (“Bako Western”), for an undisclosed amount. The deal is the latest addition to Oghma’s expansive portfolio of successful acquisitions and divestments on behalf of their clients in the Food, Beverage and Ingredient sectors. 

Founded in 1961, and based in the Southwest of England, Bako Western has established itself as a leading regional supplier to the bakery and foodservice sector. The business distributes a broad range of bakery ingredients, finished goods and catering products to a loyal customer base across the Southwest, supported by strong service levels, local market knowledge and longstanding relationships with independent bakers and foodservice operators. As a Co-operative business historically owned by its members, Bako Western’s approval of the transaction further highlights Oghma’s ability to execute complex stakeholder-driven processes. 

BAKO Group is a leading national supplier of bakery products and ingredients, servicing customers across the United Kingdom with business units in Durham, Preston, Wimbledon and Belfast. The Group is run by bakers for bakers, with approximately 700 shareholders, all of whom are bakers or confectioners. The Group serves over 6,500 customers across the bakery and wider foodservice sectors and provides a comprehensive one-stop shop through its multi-temperature vehicle fleet and extensive product range, including the BAKO Select branded offering.

BAKO Group CEO, Mike Tully, commented on the proposed acquisition: “We are delighted to have the opportunity to bring Bako Western under the BAKO Group umbrella. Our vision is to combine the strengths of the two organisations to create an even stronger business, led by bakers for bakers. Bako Western’s excellent reputation for exceptional service in the Southwest, together with our shared baker-centric ethos, made this a natural fit for expansion into the region. Working collaboratively, we believe we can accelerate growth, strengthen our customer offering and ultimately enhance value for all stakeholders involved.” 

Mike Tully also commented on the partnership with Oghma Partners: “This is the second deal that Oghma Partners have advised us on and we highly regard the service that they bring and their guidance. The team’s deep understanding of our sector, combined with their expertise in navigating complex negotiations and their thoughtful approach to bridging disparate stakeholder needs to deliver a successful transaction has been invaluable.’’

About Oghma Partners 

Based in London, Oghma Partners is an independent corporate finance advisory firm providing acquisition, divestment and strategy advice to UK and Continental European consumer-focused companies and investors. An eleven-strong team, offering a combined track record of over 100 successfully completed deals and award-winning industry research expertise, Oghma Partners is ideally positioned to ensure its clients meet their corporate goals. The team includes members with extensive investment banking experience gained in senior roles at leading global investment banks. Oghma Partners combines the big bank tool kit with an old-fashioned client-focused culture. For more information please visit us at www.oghmapartners.com