Prima Bakeries Group, which incorporates Redruth-based Prima Bakeries and St Columb-based Cornish Premier Pasties, has announced its purchase of Cornish biscuit maker Furniss of Cornwall, for an undisclosed sum.
Furniss of Cornwall will now operate under the Prima Bakeries Group with all staff joining the Employee Ownership Trust.
Commenting on the acquisition, Prima Bakeries MD Mark Norton said: “This is an incredibly exciting time for us, as we bring another iconic Cornish food brand under our wing. There is a lot of synergy between the businesses, as well as complementary product ranges, so our responsibility is to now build on the brilliant work that the previous owners and directors have done, to further grow the business.
“Looking forward, we will be investing in the production facilities on-site in Redruth, to support Furniss to reach its full potential.”
The acquisition comes as Prima Bakeries Group announces record years for both Cornish Premier Pasties and Prima Bakeries, with sales growing by £2 million year-on-year and the turnover of the group expected to reach £15 million per annum, by the end of 2024.