Ontario Teachers'-owned Burton’s Biscuit buys Thomas Fudge’s
Burton’s Biscuit Co has acquired Thomas Fudge’s, a Dorset, U.K.-based premium biscuit manufacturer. No financial terms were disclosed. The seller was U.K. mid-market private equity firm Livingbridge, which invested in Thomas Fudge’s in 2016. Burton’s, which produces branded and own-label biscuits and snacks, including Maryland Cookies and Jammie Dodgers, said the deal will extend its capabilities and allow it to bring new products to market. Burton's is owned by Ontario Teachers' Pension Plan. Ontario Teachers' acquired it in 2013 from Canadian Imperial Bank of Commerce and Apollo Global Management.
6 February 2019•3 mins read
