Kinnerton chocolate factory, Fakenham. Pictured: chocolate lolly production.
German firm set to buy Fakenham-based Kinnerton in £42.7m deal
Annabelle Dickson, Business writer
Monday, October 8, 2012
11:50 AM
Fakenham chocolate maker Kinnerton looks set to be taken over by privately owned German food business Zertus in a £42.7m deal.
Zetar was formed in January 2005 and publicly listed in a bid to acquire food companies.
It’s first acquisition in April 2005 was Kinnerton, which bases its product around the concept of character merchandising.
Kinnerton was established in 1978, named after the street where founder Clive Beecham lived.
Kinnerton It moved to Norfolk in 1988 after buying one of its suppliers, Gilchris Confectionery, which had recently relocated its factory to Fakenham, Norfolk.
For the full story and an interview with Clive Beecham see tomorrow’s EDP
Other Business Articles
- Causes for cheers as much-loved brewery name returns after a gap of 45 years
- Norfolk turkey giant Bernard Matthews in talks to sell stake in business
- New Costessey superstore could bring new jobs – and traffic
- Archant Anglia managing director to retire at end of the year
- Chinese learn regeneration secrets of city
- Union protests outside May Gurney’s Norwich base over ‘blacklisting’ scandal
- Anger as Aviva switches axed Norwich jobs to India in cost-cutting move
- New Co-op stores will challenge supermarkets
- Norwich firm saves winemaker after vandals pour £50,000 of her vintage down the drain
- Aviva chief endures the wrath of shareholders
ADVERTISEMENT