“One hundred years ago, John Lightbody opened his first bakery in Hamilton. In 1995, I took the decision to sell off the Lightbody Group’s retail shops and focus on supplying multiple grocers with celebration cakes. The proposed acquisition of Lightbody by Finsbury marks another major milestone in the history of our company. Whilst it will be business as usual at Lightbody, we are attracted by the significant benefits that we believe will be delivered as part of the Enlarged Group. We have watched the strong growth and performance of Finsbury and believe that we will make a perfect partnership given the alignment of our strategic vision, and that together we will be able to drive sales of UK multiple grocers’ premium brands and deliver even greater growth for our key licensing partners.”
