Tangerine Confectionery Ltd: Sweet success for Tangerine

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15 Aug 2006

Sweet success for Tangerine

Supplier: Tangerine Confectionery Ltd
More Tangerine Confectionery Ltd details

Tangerine, the Blackpool-based confectionery firm, has bought the confectionery arm of Burton's Foods for an undisclosed sum.

The deal creates the UK's largest independent sugar confectionery firm increasing Tangerine's turnover from around £45m to nearly £60m.

The acquisition is the second major development for the company this year. In January the Tangerine Confectionery management team acquired Toms UK, the UK operation of Toms of Denmark, with the support of Close Growth Capital.

The latest deal includes the Burton's factory at Vicarage Lane, Blackpool, with around 180 employees. Tangerine already employs 450 people at sites in Liverpool, Poole and its headquarters in Blackpool. The move significantly increases Tangerine's capacity for gum and jellies production - one of the fastest growing areas of the confectionery market.

The Burton's business operates from a 9.4 acre site and will add new products such as liquorice allsorts and dolly mixtures to the Tangerine portfolio, which already includes famous names such as Mojo chews and Princess Marshmallows, as well as a wide range of own-label products for retailers.

Pic:Tangerine chairman Steven Joseph

Supplier: Tangerine Confectionery Ltd
Blackpool Lancashire UK
Tangerine Confectionery produces sugar-based confectionery including famous names such as Mojo and Princess Marshmallows as well as branded and own-label gums, jellies, hard-boiled sweets, humbugs and toffees.

Web: www.tangerineconfectionery.com
More Tangerine Confectionery Ltd details

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