Burton's Biscuit Company

Burton's Biscuit Company is a British biscuit manufacturer. It is recognized in the UK as the second-biggest supplier of biscuits (cookies in the US).[1] The company was formed by the merger of Burton's Gold Medal Biscuits and Horizon Biscuit Company in October 2000. They re-branded from Burton's Foods to Burton's Biscuit Company in November 2011. It employs over 2,200 people around the UK, in three main manufacturing facilities, Llantarnam, Edinburgh and Blackpool, a chocolate refinery in Moreton, and a central distribution hub in Liverpool. Its head office is in St Albans.[2]

Burton's is the UK's number two biscuit maker[3] and many of its products are sold around the world.

History

The first Burton's biscuits were baked by George Burton (born 1829, Leek, Staffordshire), who began production on Corporation Street, Blackpool, Lancashire. The Burton's Biscuits firm was founded by George's grandson, Joseph Burton, in 1935. It had a factory in Slough, Berkshire, until the early 1980s, manufacturing potato crisps and snacks, including Potato Puffs and Fish 'n' Chips savoury snacks. In 2014, Burton's re-launched their Fish 'n' Chips snacks due to popular demand.

In 2000, the business was sold by Associated British Foods to Hicks Muse Tate & Furst.[4] On 18 March 2007, Burton's was acquired by Duke Street Capital.[5] In September 2009, Burton's came under the new ownership of Canadian Imperial Bank of Commerce and Apollo Global Management, with a minority stake held by Duke Street.

In 2013, the company was put up for sale, with an asking price around £350m.[6] In November of that year, it was announced that the company had been bought by the Ontario Teachers' Pension Plan.[7]

In 2016, Burton's sold its licence to make Cadbury-branded biscuits to Mondelēz International (the owners of Cadbury), although they're still made in Burton's factories.[7]

Brands

See also

References
  1. "Burton's Foods Limited". dun & bradstreet.
  2. "Burton's Biscuit Co". Crunchbase.
  3. Wagon Wheels to roll into Russia - FT.com
  4. Benjamin Wootliff (31 Oct 2000). "Wagon Wheels roll west as ABF sells Burton's". Daily Telegraph.
  5. "Duke Street Capital Acquires Burton's Foods" (Press release). Duke Street Capital. March 18, 2007. Retrieved 2007-11-05.
  6. The Daily Telegraph, Business, 29 Aug 2013, Online
  7. "Mondelez to mix Cadbury chocolate and biscuits with Burton's deal". Reuters. 12 August 2016. Retrieved 8 October 2018.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.