Heidi Bakery, the two-strong Windsor-based bakery concept, has acquired two stores and the business of coffee shop Caracoli.

Savills secured the sale of two Caracoli stores in Alresford and Haslemere which will continue to trade under their current name.

Rory Shanks, director at Heidi, said: “At Heidi we care deeply about the food and coffee we serve and so Caracoli was a natural fit. Acquiring the business allows us to get our made-from-scratch food into more markets, whilst adding a solid brand to our portfolio. We’re confident that our new customers will love some of the range we look to introduce - and we’re equally excited to get the famous Caracoli Cookie into Heidi.

“Through the acquisition we’ve also picked up two beautiful buildings in New Alresford and Haslemere, themselves great towns to add to Windsor and Farnham. We can’t wait to meet the locals and regulars over the next few weeks!”

Chris Bickle, director in the licensed leisure team at Savills, comments: “We are delighted to have secured Heidi as the new owners of the Caracoli business. Both businesses were built independently and grown organically and under the new management Caracoli will continue to trade as normal. We are pleased to have been involved in ushering in this new era.”

Caracoli was established by Gail Nichols in 2005 with the opening of the Alresford store near Winchester.