Barratt Dip Dabs, Refreshers and Wham bars are all manufactured at Tangerine’s five UK factories. The business started in 2005, when chairman Steven Joseph, 65, led the purchase of the UK confectionery division of Toms of Denmark, followed by Burton’s confectionery arm. In 2008, the Pontefract-based firm also acquired a Yorkshire division of Cadbury. The business is now backed by private equity firm Blackstone and led by chief executive Anthony Francheterre, 47, who joined last year. In July, he led the sale of popcorn brand Butterkist to KP Foods for an undisclosed sum. As we went to press, the group reported sales declined to £139.3m and profits to £6.5m.
|Operating profit £m||13.2|
Blackstone (75%), management (25%)
* supplied by Company † annualised figure ‡ profit = ebitda