Hotplate manufacturer’s acquisition expected to lead to new jobs
Lancashire firm Sugden says it has further strengthened its position as the world’s leading manufacturer of hotplates with the Intellectual Property (IP) acquisition of Netherlands-based Vanderpol Waffle Systems for an undisclosed sum.
Vanderpol Waffle Systems, previously owned by AMF Den Boer BV, is part of AMF Bakery Systems Europe BV and 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 Nelson-based 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, the deal is also expected to create further jobs at its 35,000 sq ft, state-of-the-art 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 past five years which has seen the company double in size, with turnover growing to £5.5m over 2019/20.
Sugden managing director, 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.”
Vincent Langelaar, vice president operations EMEAAP region at 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.”