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Article: Burton's goes for growth: Burton Foods' CEO Paul Kitchener tells Stefan Chomka how its purchase by Duke Street Capital has injected fresh life into the biscuit company's acquisition strategy.(the big interview)(Interview)
- Article from:
- Grocer
- Article date:
- April 12, 2008
- Author:
CopyrightCOPYRIGHT 2008 William Reed Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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If the recent credit crunch is going to impact on private equity's ability to go shopping this year then no-one told Duke Street Capital. Under its stewardship Britain's second-biggest biscuit manufacturer Burton's Foods, which was bought by the venture capitalist just over a year ago, has launched an ambitious buy and build strategy for 2008, kicking things off in January with the acquisition of Northumbrian Fine Foods. Many more acquisitions are in the pipeline.
Burton's CEO Paul Kitchener, the man in the driving seat, is optimistic about the future. Duke Street's involvement in the business marks a new growth phase for Burton's ...