TAYTO GROUP ACQUIRES PART OF GOLDEN WONDER LTD

CTO Holdings Ltd, an affiliate company of the Tayto Group, has confirmed the acquisition of the Pringles’ Minis part of the Golden Wonder Ltd business from the Administrators, Kroll.

Stephen Hutchinson, Managing Director of Tayto and a director of CTO Holdings Ltd, described the purchase of the Corby property and the acquisition of the Pringles’ Minis manufacturing business as a major boost to the growth plans of the company.

“Obviously a great deal of negotiation has gone on to get to this point, which we believe can only strengthen our reputation as a nationally recognized brand building company. Pringle’s Minis have only recently been launched in the UK and Ireland and the Corby business is the only one in the world manufacturing this new product. We expect to build on this new relationship with Procter & Gamble, owners of Pringles’ Minis.

“This purchase will also involve the transfer of 195 jobs into the future and underpins the 350 jobs in Tandragee.

“The acquisition increases our employment figures dramatically and underpins the £7m investment completed at our Tandragee base last year. That investment, coupled with a sound reputation for producing top quality products, helped us secure a £10m contract from Tesco and significant additional orders from a wide range of national retailers.

“However, as a Group we have demonstrated that we are committed to growth through acquisition, development of our own Tayto brands and securing quality manufacturing contracts with global partners such as Procter & Gamble.


Tayto is a family owned and run business with a 50 year pedigree in manufacturing at the Tandragee headquarters where the company employs 350 people.