Analysis: PE firm Bridgepoint should look at Burton's Biscuit Co.
Burton's Biscuit Co., the UK firm behind brands including Maryland cookies and Jammie Dodgers, is up for sale. The first round of bidding has been completed and rumoured suitors include private-equity firms Apax Partners and CapVest, Canadian fund Ontario Teachers Pension Plan and Fox's biscuits owner 2 Sisters Food Group. Stefan Kirk of M&A advisors Glenboden suggests another private-equity firm, Bridgestone, which has just bought a biscuit business in Poland, should look at Burton's, too.
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