Cherry Blossom Bakery Secures Dragons Den Investment
Published on Apr 23 2013 1:23 PM in Uncategorised
Cherry Blossom Bakery has secured a record breaking €200,000 investment from Dragons Den entrepreneur Sean O’Sullivan.
The Love Irish Food member secures the investment for a 40% stake in the brand.
Since the investment, which allowed the business to acquire additional equipment to increase productivity, the company has secured a national distribution agreement with Musgraves that will see all SuperValu, Superquinn and Centra stores stock Cherry Blossom Bakery products from this week.
The range is also available in a number of Dunnes Stores and Tesco stores around the country.
Commenting on his investment, entrepreneur Sean O’Sullivan said: “Simon is a unique combination of super competent project manager and inspired foodie. He has already achieved a lot with little, and after 18 months of hard work he and his team is ready to step up. And that's what we'd like to help him do.”