Receive our newsletter – data, insights and analysis delivered to you
  1. News
February 13, 2015

Baronie to buy UK firm Ashbury Chocolate

Belgian chocolate group Baronie is to buy UK private-label confectionery maker Ashbury Chocolate.

Belgian chocolate group Baronie is to buy UK private-label confectionery maker Ashbury Chocolate.

Ashbury had fallen into administration. “In recent months Ashbury Chocolates experienced a deterioration in its working capital position,” administrators BDO said in a statement announcing the sale. The sale to Baronie will see 236 jobs preserved. The transaction value was not disclosed.

Malcolm Cohen, BDO business restructuring partner, said: “We are pleased to have concluded the sale of the business and assets of the group, preserving 236 jobs. The sale was the best option to secure the future of the business, enabling it to move forward confidently and on a secure financial footing.”

Baronie is a manufacturer of branded and private-label Belgian chocolates. The company acquired Belgian chocolatier, Duc d’O, in September.

Related Companies

Content from our partners
GMP: The food sector’s golden rules (and how they will evolve)
Food fraud in the supply chain (and how to fix it)
VEGA level and pressure instrumentation for the food industry

Topics in this article: , ,
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every other month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU