CTH (Ferrero-related Company) Acquires Burton's Biscuit Company from Ontario Teachers'
June 1, 2021
A Ferrero-related Belgian holding company (CTH) has entered into a definitive agreement to acquire Burton's Biscuit Company from the Ontario Teachers' Pension Plan Board. Burton's—headquartered in St Albans with six UK manufacturing sites and about 2,000 employees—generated over £275 million of sales in the last 12 months; the buyer expects to enlarge its sweet biscuits offering by adding Burton's brands and production capacity.
- Buyers
- CTH (Belgian holding company related to the Ferrero Group)
- Targets
- Burton's Biscuit Company
- Sellers
- Ontario Teachers' Pension Plan Board
- Industry
- Food & Beverage
- Location
- Hertfordshire, United Kingdom
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Cerealto UK Acquires Hill Biscuits from LDC
July 31, 2024
Food & Beverage
Cerealto UK, a portfolio company backed by Davidson Kempner Capital Management and Afendis Capital Management, has acquired Hill Biscuits from LDC. Financial terms were not disclosed; Hill Biscuits, founded in 1855 and headquartered in Ashton-under-Lyne, Greater Manchester, employs about 350 people and more than doubled revenues to over £40m during LDC's seven-year partnership.
-
CTH Invest SA (Ferrero-related) Acquires Nonni's Bakery from Vestar Capital Partners
July 24, 2024
Food & Beverage
CTH Invest SA, a Ferrero-related Belgian holding company, has agreed to acquire Nonni's Bakery from Vestar Capital Partners. The acquisition returns Nonni's to its Italian roots, strengthens Ferrero-related groups' presence in North America, and brings into the fold a Wexford, Pennsylvania-based artisanal biscotti and packaged-snacks manufacturer with ~350 employees and four plants.
-
Ferrara Candy Company to Acquire Jelly Belly Candy Company
October 18, 2023
Food & Beverage
Ferrara Candy Company, through its lead holding company CTH Invest, has agreed to acquire Jelly Belly Candy Company. The deal (terms undisclosed) will bring nearly 800 Jelly Belly employees and facilities in California, Illinois, and Thailand into Ferrara's portfolio; the transaction is expected to close by the end of 2023.
-
Graham Partners Acquires Commercial Bakeries Corporation
September 27, 2023
Food & Beverage
Graham Partners, a Philadelphia-based private equity firm, has acquired Commercial Bakeries Corporation, a Toronto-headquartered producer of private-label and co-manufactured cookies. The acquisition, sourced through Graham's Investment Theme Program, positions the firm to expand in private-label bakery manufacturing and supports a founder succession/exit from the company's former family owners.
-
Europe Snacks Acquires Burts Snacks
February 8, 2023
Food & Beverage
France-based Europe Snacks, a portfolio company backed by Apax Partners, has agreed to acquire 100% of UK premium snack maker Burts Snacks, with the deal expected to close in March 2023. The acquisition expands Europe Snacks' presence in the UK (its largest snacking market), complements its product portfolio and combines manufacturing and supply-chain capacity across Burts' Plymouth and Leicester facilities.
-
Biscuit International Acquires Continental Bakeries
October 22, 2021
Food & Beverage
Biscuit International, a Platinum Equity-backed European private‑label biscuit manufacturer, has agreed to acquire Continental Bakeries from its majority shareholder Goldman Sachs Asset Management. The deal brings Continental’s 13 production facilities and more than 2,300 employees into Biscuit International, strengthening the combined group's product portfolio and pan‑European footprint; completion was anticipated in H1 2022 subject to customary approvals.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.