Mark Toney & Co Limited has been sold as a going concern to new owners in a deal overseen by specialist business property adviser Christie & Co.
The popular ice cream maker, which operates a wholesale business, factory and two ice cream parlours, was put up for sale nine months ago when owner Antony Marcantonio – the great grandson of the gelateria’s founder – announced plans to retire.
Mark Toney’s has served generations of families across Newcastle since the first shop opened its doors inside the Grainger Market in 1892, when Antonio Marcantonio brought a taste of Italian ice cream to the historic market from a tiny mountain village near Rome.