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Iconic British biscuit maker bought by teachers' pension fund

Zoom in font  Zoom out font Published: 2013-11-19  Views: 9
Core Tip: A teachers' pension fund, which has already bought the UK National Lottery operator, has become the brand new owner of some iconic British biscuits.
A teachers' penbiscuitsion fund, which has already bought the UK National Lottery operator, has become the brand new owner of some iconic British biscuits.

The Ontario Teachers' Pension Plan has agreed to buy the British maker of Wagon Wheels and Jammie Dodgers.

Burton's Biscuits is the UK's second-largest biscuits manufacturer, employing 2,000 people around the UK with annual sales of £340 million.

The deal was first reported by Sky News City Editor Mark Kleinman on Saturday.

The pension fund has not revealed the value of the deal to buy the biscuit maker.

Burton's is also the name behind Cadbury Fingers and Maryland Cookies.

Based in Hertfordshire, Burton's traces its roots back to the mid-1800s when it was founded by George Burton.

 
 
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