Burton’s Biscuit Co completed the acquisition of premium sweet and savoury biscuit manufacturer Thomas Fudge’s from investment firm Livingbridge.
Founded in 1916, Dorset-based Thomas Fudge’s was sold to Livingbridge in 2016, after 100 years of family ownership.
Nick Field, chief executive of Burton’s Biscuit Co, said the acquisition represented a “continued commitment and investment by Burton’s to extend our capability and bring new and exciting products to market in both the sweet and savoury premium segments.”
Boteh bakeries could complement in terms of production, he added.
“Thomas Fudge’s is a great business with a fantastic portfolio of premium products and baking expertise handed down through generations. The bakery provides a hugely complementary production capability to Burton’s own bakeries, extending into the more premium and artisanal end of the category with its branded, retailer brand and Marmite products baked under licence,” he said.
“We are excited about the opportunity to develop these three important pillars and look forward to working with our retail partners to drive growth through innovation and excitement in the category.”
Emma Davies, Thomas Fudge’s CEO, said: “We’re really excited about becoming part of the Burton’s family as we enter our next phase of development as a business and would like to thank Livingbridge for their support in recent years.”