Burton's Foods, manufacturer of Maryland, Jammie Dodgers and Wagon Wheels, is to be sold to Canadian firm Ontario Teachers Pension Plan for £350m.
The St Albans-based company, which said it had 30 different potential buyers, will fall under the ownership of OTPP from next month. The agreement will see OTTP acquire all of Burton’s UK manufacturing sites, which include Blackpool, Edinburgh, Moreton and Llantarnam in South Wales. Ben Clarke, CEO for Burton’s Foods said: “We are delighted that…
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