Burton’s Biscuit Co. is broadening its product portfolio with the acquisition of Paterson Arran, one of Scotland’s leading independent food companies.
The purchase means that the Paterson’s shortbread brand will now be introduced into the Burton’s portfolio, along with leading foodservice biscuit and chutney brands Brontë, Café Brontë and Arran Fine Foods.
Nick Field, ceo for Burton’s, 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.
“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,” he added. “We’ll be looking to enhance the company’s presence in this sector, building on what is undoubtedly a leading capability in this market.”
Paterson Arran’s retiring chairman Alan Hardie added: “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.”
The acquisition of Paterson Arran is the second major purchase for Burton’s this year. In February, the company completed the acquisition of premium sweet and savoury biscuit manufacturer Thomas Fudge’s.