Ferrero-related CTH Invest takes over Burton‘s Biscuits

A Ferrero-related Company today announced that it has entered into a definitive agreement to acquire Burton’s Biscuit Company (Burton’s) from Ontario Teachers’ Pension Plan Board. Burton’s employs approximately 2,000 people across six manufacturing locations in the UK and generated sales of more than £275 million during the last 12 months.
 

Burton’s Biscuit produces some of the best-loved brands in the UK biscuit market including Maryland Cookies, Jammie Dodgers, Wagon Wheels, Paterson’s and Thomas Fudge’s.

 

Through this acquisition, the Ferrero-related Company expects to enlarge the offer of products in the sweet biscuits market, further to the previous acquisitions of Biscuits Delacre, Kelsen Group and Fox’s. CTH is a Belgian Holding Company related to the Ferrero Group. Ferrero Group and its related parties is the third player in the worldwide chocolate confectionery market and the second one in the sweet biscuits market.

Subscribe to newsletter