Who owns MINISTRY OF CAKE?

MINISTRY OF CAKE has been 100% owned by MADEMOISELLE DESSERTS since January 2017.

When was MINISTRY OF CAKE acquired by MADEMOISELLE DESSERTS?

MINISTRY OF CAKE was acquired by MADEMOISELLE DESSERTS in 2017.

What was the revenue of MINISTRY OF CAKE at the time of the deal?

The revenue of MINISTRY OF CAKE at the time of the deal is estimated to be in the range of 25M - 50M GBP.

How is the data for the MINISTRY OF CAKE acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the MINISTRY OF CAKE deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.privateequitywire.co.uk/ldc-exits-ministry-cake-investment/

What is the average EV/EBITDA multiple for the AgriFood sector in 2026?

The average EV/EBITDA multiple for the AgriFood sector in 2026 is 11.0x.

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Home Database AgriFoodMINISTRY OF CAKE

01/2017

MINISTRY OF CAKE acquired by MADEMOISELLE DESSERTS

UNITED KINGDOM Food Processing / Food Products / Bakery / Pastry REV 25M - 50M GBP

Context

LDC has exited its investment in Ministry of Cake through a sale to the French group Mademoiselle Desserts. The transaction creates a dessert giant with unrivaled production capabilities in the UK foodservice market. LDC had originally backed the MBO from Greencore in 2014. During its tenure, revenue grew from �20m to nearly �30m, driven by the acquisition of a second factory in Torquay and a 10% increase in export sales. Ministry of Cake will continue to operate autonomously under its existing CEO who reinvested to become a shareholder in the wider Mademoiselle Desserts group.

MINISTRY OF CAKE, which reported an EBITDA margin of in 2016, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the AgriFood sector (11.0x).

-> Deep-dive in AgriFood market trends

Target

Headquartered in Taunton, Ministry of Cake is the UK's largest dedicated manufacturer of desserts for the foodservice industry. It produces over three million slices per week of hand-finished cakes, puddings, and tray bakes for major restaurant chains, pubs, and coffee shops. Under LDC's ownership (2014-2017), the company expanded capacity by acquiring the Creative Foods factory in Torquay and grew its workforce from 300 to 400 employees.

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09/2016	GROUPE BEL	MATERNE-MONTBLANC (MOM GROUP)	FRANCE	Food Products
09/2016	AMPLIFY SNACK BRANDS	TYRRELLS	UNITED KINGDOM	Food Products
07/2016	DANONE	WHITEWAVE	UNITED STATES	Dairy
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REFERENCES

Revenue range: 25M - 50M GBP

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of MINISTRY OF CAKE by MADEMOISELLE DESSERTS are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Acquirer: mademoiselle desserts