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Creams acquired by Pistachio Holdings


Creams acquired by Pistachio Holdings
Dessert parlour brand Creams has been acquired by Pistachio Holdings, which is backed by Ankush Shah of the East Africa-based Sumaria Group.
Creams founders, Adam Mani and Balal Aqil, will remain fully involved in the 93-strong business after Pistachio acquired a majority stake in the business. 
According to an announcement, investor and shareholder Shah will support the senior team in “taking the business to the next level”, driving ambitions for UK and international expansion, whilst enhancing Cream’s manufacturing capabilities.
Shah is managing director at Sumaria Group, a family owned investment holding company operating primarily in Eastern Africa, and chairman of Doughworks Limited, a KFC and Pizza Hut franchisee in Tanzania. ....

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