Cake Entertainment principles buy back 51% of the slice

Have your cake and eat it too: Cake Entertainment principles Edward Galton and Tom van Waveren have agreed to purchase back the 51% share stake previously owned by Zinkia.

July 25, 2014

London-based Cake Entertainment principles Edward Galton and Tom van Waveren have agreed to purchase back the 51% share stake in the company previously owned by Zinkia Entertainmeent.

The management buyout funded by private capital ends a three-year partnership when Spain-based Zinkia took a majority ownership of the company in 2011. Cake Entertainment’s commercial and legal ties with Zinkia will cease, effect immediately, which includes an end to representing the preschool brand Pocoyo.