Ferrero-related holding company to acquire Burton’s Biscuit Company
Acquisition to expand Ferrero’s footprint in the sweet biscuit market.
CTH Invest, a Belgian holding company related to the Ferrero Group, has entered into a definitive agreement to acquire Burton’s Biscuit Company from the Ontario Teachers’ Pension Plan Board.
Burton’s produces some of the best-loved brands in the UK biscuit market, including Maryland Cookies, Jammie Dodgers, Wagon Wheels, Paterson’s and Thomas Fudge’s. The business has a history in the British biscuit market dating back to 1935.