A leading hotplate manufacturer has acquired a Dutch waffle system company and says it now plans to create jobs at its Lancashire HQ.
Nelson firm Sugden Ltd said the move to buy Netherlands-based Vanderpol Waffle Systems for an undisclosed sum strengthens its position as the world’s leading manufacturer of hotplates.
Vanderpol Waffle Systems, previously owned by AMF Den Boer BV, is part of AMF Bakery Systems Europe BV, and according to Sugden, is renowned for being a market-leading manufacturer of waffle and funcake production lines with a worldwide clientele.
Already designing custom hotplate plants used by producers globally to mass-produce pancakes, English muffins and crumpets, the deal means Sugden can now manufacture, supply and install a wide range of industry-leading waffle and funcake systems under the Sugden-Vanderpol range.
As well as expanding the company’s offering, Sugden said the deal will also create further jobs at its 35,000sq ft, production facility in Nelson, where the waffle and funcake systems will be produced.
The acquisition comes as Sugden looks to fuel further growth in 2021, both in the UK and internationally, building on “strong” momentum generated over the last five years, which has seen the company double in size, with turnover growing to £5.5m over 2019/20.
Managing director of Sugden, Chris Baldwin, said: “It is a very proud moment to announce this acquisition and be in a position to carry on supporting and supplying market-leading waffle lines under the Sugden-Vanderpol range.
“This strengthens our product range and market position and ensures growth and security throughout the business.”
Sign up for your free BusinessLive North West newsletter
BusinessLive is your home for business news from around the North West- and you can stay in touch with all the latest news from Greater Manchester, Liverpool City Region, Cheshire, Lancashire and Cumbria through our email alerts.
You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we’ll send out breaking news alerts for any stories we think you can’t miss.
By bringing together North West coverage with that from across Reach’s titles in England and Wales, BusinessLive will shine a spotlight on the entrepreneurs, the stars of the future and the small firms that are the backbone of our economy.
Visit our email preference centre to sign up to all the latest news from BusinessLive.
Vincent Langelaar, from AMF Bakery Systems Europe BV, said: “AMF and Sugden have forged a strong and successful history offering complete English Muffin systems to the global baking industry.
“Through this relationship, we have recognised that Sugden can bring tremendous focus and innovation to the Vanderpol waffle griddle product line, and we look forward to fully supporting this transition and continuing to partner with them to serve common customer projects in the future.”