Skip to content
Search

Latest Stories

Asian group acquires Crosstown Doughnuts

Karali Snacks Limited, an arm of Karali Group led by Salim Janmohamed and Karim Janmohamed, has acquired the business and assets of Crosstown Doughnuts

Asian group acquires Crosstown Doughnuts

AN ASIAN business group run by a father-son duo has acquired the artisan doughnut brand Crosstown Doughnuts, according to media reports.

Karali Snacks Limited, an arm of Karali Group led by Salim Janmohamed and Karim Janmohamed, has acquired the business and assets of Crosstown Doughnuts, which operates from 27 locations and employs 140 people.


Karali Group was the largest UK franchise of Burger King and exited the portfolio in 2022. It still operates in the North American market with 32 Burger King outlets in Ohio and Pennsylvania.

Crosstown Doughnuts has been in existence for around 10 years and launched a search for new investment early this year.

It had been working with advisers from Interpath Advisory. Freeths advised Karali Group on the acquisition.

Even after the takeover, Crosstown Doughnuts will continue to be led by chief executive Hoard Ebison.

Ebison said this is the "next chapter" for Crosstown. He said Crosstown has become a "destination for food and flavour, both in-store and online".

He said the Karali Group's investment is a testament to the strength of the Crosstown brand.

Sam Birchall, head of Special Situations M&A at Interpath Advisory, said, “The team at Crosstown has a great concept that has gained an enviable foothold in the market."

He hopes the Crosstown team will build upon its network of retail outlets with the investment and support of Karali Snacks.

Karim Janmohamed of Karali Group said: “We are delighted to get this transaction over the line and are excited about the opportunity to work with the Crosstown team on further developing and enhancing this fantastic brand and offering.

“The Crosstown brand is synonymous with excellence, innovation and quality in the bakery sector, and we were immediately attracted to the chance to invest and propel the business forward," he added.

He said Karali Snacks will manage the investment in Crosstown, while Karali Group will further its investment strategy across the retail, consumer, leisure, and real estate spaces.

Karim Janmohamed won the Asian Business Award in the Young Entrepreneur of the Year category in 2023.

More For You

Voices of Faith - Day 2: A profound confluence of spirituality, music, and dialogue

Barnaby Rogerson in conversation with Anthony Sattin (L) on day 2 of Voices of Faith

Voices of Faith - Day 2: A profound confluence of spirituality, music, and dialogue

Mahesh Liloriya

The second day of Voices of Faith unfolded with an enchanting blend of music, philosophy, and intellectual exploration at the Barbican Centre, London. This inaugural festival, curated by Teamwork Arts—the force behind the Jaipur Literature Festival (JLF) and JLF London—has been made possible by the Kamini and Vindi Banga Family Trust, with the support of Tech Mahindra. Eastern Eye and Garavi Gujarat serve as the official media partners, amplifying the festival’s reach and resonance.

Session 1- Echoes of eternity: The timeless notes of Kabir

Keep ReadingShow less
starmer-immigration

Speaking at the Organised Immigration Crime Summit, Starmer said the government is working to restore order to the immigration system.

UK returns 24,000 illegal migrants since July, highest in eight years

THE UK government has returned over 24,000 individuals with no legal right to remain in the country since July, marking the highest rate of removals in eight years, prime minister Keir Starmer said on Monday.

Speaking at the Organised Immigration Crime Summit, Starmer said the government is working to restore order to the immigration system.

Keep ReadingShow less
'Aga Khan dedicated his life to service, peace, and pluralism'

Baroness Patricia Scotland speaks at an Iftar dinner held at the Ismaili Centre in London (Photo: The Ismaili National Council for the United Kingdom)

'Aga Khan dedicated his life to service, peace, and pluralism'

THE outgoing head of the Commonwealth has paid tribute to the late Prince Karim Aga Khan, describing him as a visionary leader whose lifelong dedication to service, peace, and pluralism has left a lasting impact on the world.

Speaking at an Iftar dinner held at the Ismaili Centre in London last Wednesday (26), Baroness Patricia Scotland, who steps down as Commonwealth secretary general on 1 April, reflected on her personal connection with the Aga Khan, recalling their meetings during Commonwealth Day celebrations at Westminster Abbey.

Keep ReadingShow less
Starmer-Trump-Getty

Trump has suggested the possibility of a 'great' trade deal that could help the UK mitigate the impact of tariffs he has pledged to introduce. (Photo: Getty Images)

Starmer, Trump talk trade deal progress in 'productive' discussion

KEIR STARMER and Donald Trump spoke on Sunday about ongoing UK-US trade negotiations, with Downing Street describing the talks as "productive."

Since leaving the European Union, the UK has been working to secure a trade agreement with the United States. Successive British governments have pursued a deal, but it has remained elusive.

Keep ReadingShow less
Myanmar-quake-rescue-Reuters

Rescuers carry the body of a victim during search and rescue operations, following a strong earthquake, in Bangkok, Thailand, March 30. (Photo: Reuters)

Myanmar earthquake death toll rises to 1,700, UK pledges £10m in aid

RESCUE efforts continued in Myanmar as residents searched for survivors in collapsed buildings in Mandalay, two days after a 7.7-magnitude earthquake struck the country. The disaster has killed at least 1,700 people in Myanmar and 17 in neighbouring Thailand.

The quake hit near Mandalay on Friday afternoon, followed minutes later by a 6.7-magnitude aftershock. The tremors caused widespread destruction, damaging buildings, bridges, and roads in the city of more than 1.7 million people.

Keep ReadingShow less