On 2nd September, our client Burton’s Biscuit Co. announced the acquisition of Paterson Arran, one of Scotland’s leading independent food companies.
Headquartered in Livingston, West Lothian, Paterson Arran produces the award-winning range of Paterson’s shortbread, along with leading foodservice biscuit and chutney brands, Brontë, Café Brontë and Arran Fine Foods. The business employs around 200 people and operates two production facilities: 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 a range of delicious chutneys, mustards and preserves.
In addition to strengthening Burton’s branded biscuit proposition, Paterson Arran’s strength in foodservice and portion packing also unlocks significant new trading opportunities for Burton’s existing product portfolio.
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. 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.”
Stamford Partners acted as exclusive financial advisor to Burton’s on this transaction.