burton foods have sold to
Duke Street Capital buys Burton's Foods LONDON (AFX) - Duke Street Capital (DSC) said it has acquired Burton's
Foods, the supplier of branded and own label biscuits and snacks, for an
undisclosed sum.
Burton's, the UK's second largest biscuits manufacturer, owns well known
brands such as Maryland Cookies, Jammie Dodgers and Wagon Wheels.
In addition, the company bakes and sells under license a wide range of
Cadbury chocolate biscuits, including Cadbury Fingers and Cadbury Chocolate
Digestives.
Burton's was founded in the 1930s under the name of Burton's Gold Medal
Biscuits and was acquired by Associated British Foods PLC in 1949. The company
was sold to Hicks, Muse, Tate and Furst in 2000 and subsequently merged with the
Horizon Biscuit Company Ltd.
The deal follows DSC's recent investments in various businesses in the
chilled convenience 'Food to Go' sector.
DSC will work with Burton's' existing management.
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