The company is owned by the Canadian Imperial Bank of Commerce, private equity group Apollo Global Management and Duke Street Capital after a debt for equity swap in 2009.
The Telegraph quotes a spokesperson as saying, “We can confirm that a process for the possible sale of Burton’s Biscuit Company will shortly commence. There is no guarantee a sale will take place, and we will provide an update in due course. It is very much business as usual. The management team remains committed to leading the company and is focused on delivering its strategy to grow the business.”
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