UK: Burts Potato Chips snaps up popcorn maker

UK-based Burts Potato Chips is making strides towards its goal of being a leader in snacking with the acquisition of popcorn business Savoury & Sweet Ltd. This is the first acquisition for Burts which is diversifying and expanding its healthy snacking product range to now include popcorn. “The Burts business has grown significantly over the last five years, from £11.4m (US$15.4 million) in 2013 to an anticipated £37m (US$50 million) post-acquisition for 2017,” says David Nairn, managing director of Burts, who will lead the newly formed business. “While impressive, our ambition is to drive the business to over £100m in the next five years to become the UK’s biggest player within premium snacking.” Savoury & Sweet will continue to operate under the existing brand name for now but will be re-branded as Burts Snacks in due course. More