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By Edward Devlin2021-06-01T09:43:00+01:00 The takeover will see Burton’s and Fox’s finally under the same ownership Ferrero has swooped for Burton’s Biscuits in a deal that finally brings together Fox’s and the Jammie Dodgers maker. The acquisition – for an undisclosed price – adds to the Italian confectionery giant’s growing biscuits empire following the takeover of Fox’s in 2020, Belgian brand Delacre in 2016 and Danish manufacturer Kelsen in 2019. All of these biscuit deals, including Burton’s, took place outside of the main Ferrero group and were struck by Giovanni Ferrero’s Belgium-based family holding office CTH. ....
Ferrero, the confectionery and snacks major headquartered in Italy, has expanded its presence in the UK biscuit category with a deal for Burton’s Biscuit Company. ....
As part of the deal the Italian confectionery giant will take over production facilities in Blackpool, Dorset, Edinburgh, Livingston, Llantarnam and the Isle of Arran ....
1st June 2021 Italian confectionery giant Ferrero has agreed to buy British biscuit maker Burtonâs just eight months after acquiring Foxâs Biscuits. The acquisition via Ferreroâs Belgium-based holding company CTH includes six production facilities in the UK, which are based in Blackpool, Dorset, Edinburgh, Livingston, Llantarnam and Isle of Arran, and employ about 2,000 staff. The financial terms of the deal were not disclosed. The Burtonâs Biscuit Company generated sales of more than £275m during the last 12 months from well-known brands including Maryland Cookies, Jammie Dodgers, Wagon Wheels, Patersonâs and Thomas Fudgeâs. It was revealed back in February that Burtonâs owner since 2013, the Ontario Teachersâ Pension Plan (OTPP), had put the business up for sale. Sources quoted at the time suggested the UKâs second-largest biscuit manufacturer would attract considerable interest and could be worth upwards ....
/PRNewswire/ A Ferrero-related Company today announced that it has entered into a definitive agreement to acquire Burton s Biscuit Company ("Burton s") from. ....