Solomon sells his stake in London's Lola's Cupcakes

dailymail.co.uk

Sir Harry Solomon, founder of Premier Foods, is selling his stake in Lola's Cupcakes, a bakery chain with 45 locations. Solomon, who owns up to half of the London-based company, is in talks with investors, with City broker Shore Capital managing the sale. Potential buyers include supermarkets and other bakery businesses. Lola's Cupcakes, known for its colorful cupcakes, generated £25.3 million in revenue in 2023. The brand was founded in 2006 and is now run by Asher Budwig.


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Solomon sells his stake in London's Lola's Cupcakes | News Minimalist