Bakery manufacturer Finsbury Food Group has acquired 100% of the share capital of Lees Foods, a producer of meringues, teacakes and snowballs.
Established in 1931, Lees employs more than 200 staff at its site in Coatbridge.
Finsbury's board believes that it will be able to leverage the scale and breadth of its commercial team and licensed brand portfolio to drive incremental growth for Lees - in addition to scale cost synergies over time.
