Burton’s Biscuit Co., the UK firm behind brands including Maryland Cookies and Jammie Dodgers, has acquired Scotland-based shortbread and chutney maker Paterson Arran for an undisclosed sum.
It is Burton’s second acquisition this year after it snapped up fellow UK biscuit maker Thomas Fudge’s in February.
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Burton’s, based in St Albans, north of London, said the deal announced today (2 September) is “strengthening its capability and broadening its product portfolio”.
The acquisition brings the Paterson’s shortbread brand into the Burton’s portfolio, along with biscuit and chutney brands, Brontë, Café Brontë and Arran Fine Foods.
Paterson Arran also manufactures oatcakes. mustards and preserves.
Nick Field, Burton’s Biscuit Co.’s CEO, said: “Paterson Arran is a superb business with a first-rate product portfolio and baking expertise which combines time honoured methods with the very latest technology, to make outstanding products.
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By GlobalData“The acquisition is a further indication of our intent to increase our production capability, to extend our product offering and to continue growing our presence in the biscuit market.
“The move not only strengthens our branded proposition, Paterson Arran’s strength in foodservice and portion packing also unlocks significant new trading opportunities for our existing product portfolio.
“We’ll be looking to enhance the company’s presence in this sector, building on what is undoubtedly a leading capability in this market.”
Retiring Paterson Arran chairman Alan Hardie said: “I am honoured to have been at the helm of this great company for the last 25 years and am equally as excited about what the future holds. Paterson Arran and Burton’s have shared values of a commitment to baking excellence and to producing top quality, great-tasting products. Everyone associated with them can be extremely proud.”
Paterson Arran employs around 200 people and runs two production facilities in Scotland: the Royal Burgh Bakery in Livingston, West Lothian, which produces shortbread, oatcakes, biscuits and cookies and the Old Mill, Lamlash, Isle of Arran, which primarily produces chutneys, mustards and preserves.
Burton’s Biscuit Co. is owned by Canadian pension fund the Ontario Teachers’ Pension Plan.
