Consumer
McWin Capital in Talks to Acquire UK Bakery Chain Gail’s
- Dealmakers McGovern, Winegar aim to preempt a sale process
- Gail’s backers hired Goldman for auction of fast-growing chain
Gail’s Bakery now has more than 100 stores across the UK and plans to open another 35 in the current financial year.
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McWin Capital Partners, the food investment firm helmed by dealmakers Henry McGovern and Steven Winegar, is in talks to buy UK bakery chain Gail’s, according to people familiar with the matter.
The investment firm is seeking to preempt a sale process for Gail’s, said the people, who asked not to be identified as the information is private. The owners of Gail’s recently hired Goldman Sachs Group Inc. to prepare an auction of the bakery chain, the people said.