Fife-based bakery S M Bayne has added five shops to its estate, moving it into the top 30 in the BB75 table of bakery retailers, by store number.
The additional stores were purchased from Scottish rival Fords Bakery in Prestonpans, taking its current total to 48 shops. Fords Bakery went into administration last summer; its bakery business was sold to Scullions Wholesale Bakery, a subsidiary of the McGhee Group, but its nine shops were closed.
Bayne’s currently employs around 400 staff, and the acquisition will see the firm move into new territory in Scotland, with two outlets in Musselburgh and one each in Prestonpans, Portobello and Currie.
Bayne’s MD Stanley Bayne said: "Our team has been working hard over the last few years to develop the retail offering and we are looking forward to introducing Bayne’s to the Lothians."
The new shops will be staffed predominantly with former Fords employees. Bayne’s manufactures rolls, bread and cakes for wholesale and retail markets.