Valeo Confectionery Explained

Valeo Confectionery Limited
Type:Private
Location City:Pontefract
Location Country:England
Locations:6 factories
Industry:Confectionery
Revenue:£150,000,000
Owner:Valeo Foods
Num Employees:1,500 (2009)

Valeo Confectionery Limited (formerly known as Tangerine Confectionery Limited and Toms Confectionery Limited)[1] is a British confectionery company with its headquarters in Pontefract, West Yorkshire. Since 2006, it had grown through acquisitions into one of the largest independent confectionery companies in Europe[2] before acquisition by Valeo Foods and the fourth largest sweet maker in the United Kingdom.[3] The company has six factories: Blackburn, Blackpool, Cleckheaton, Liverpool, Pontefract and York.[4]

History

Tangerine Confectionery

In January 2006, Toms Confectionery changed its name to Tangerine Confectionery and altered its branding following the purchase of the company by a new management team from Toms International of Denmark. The UK arm of Tom's had been created through the acquisition of three traditional confectionery companies, Taveners, Daintee and Parrs, over a ten-year period, between 1992 and 2001.[5] [6]

Originally the company had been mainly an own-label supplier in England.[7] The company acquired the Taveners, Dainty and Parrs businesses from Toms of Denmark later in January 2006.[8] In April it was voted the best own-label confectionery supplier in the UK by The Grocer magazine. In August, the company acquired the confectionery arm of Blackpool-based Burton's Foods and so increase turnover of the company to £60 million, making it the largest independent confectionery company in the UK.[9]

In January 2008, the company purchased Yorkshire based Monkhill Confectionery from Cadbury plc in a £58 million deal, with factories in Cleckheaton, Pontefract and York as well as a distribution centre in Holmewood, North East Derbyshire.[5] [10] [11] [12] The purchase included the Barratts, Sharps of York, Jameson's, Trebor Basset Mints, Butterkist[13] and Pascall lines. Two months later Tangerine claimed there were no plans to close its York factory, despite ordering workers to stay at home in Easter week.[11]

Two months later, staff in Blackpool voted in favour of industrial action after turning down a 2.5% pay offer.[14]

In April 2009 the company was ranked 23rd in the PricewaterhouseCoopers Profit Track 100, published by The Sunday Times, and was the highest North West entry in the table, which lists the 100 private UK's companies with the fastest growing profits.[9] In August it received a quality Halal Seal of Approval, from the Halal Food Authority, for 150 products within its Barratt, MOJO, Princess and Taveners Proper Sweets ranges[2]

In March 2010, the company was found guilty of two counts of breaching Health and Safety laws, following the death of an employee at its Poole, Dorset factory. A fine of £300,000 for each count plus costs was imposed. In 2012, it was announced that the factory would close in 2013.[15]

2012 saw the acquisition of Smith Kendon, manufacturer of York Fruits jelly sweets.

On 5 February 2013 the company was delisted by the Halal Food Authority.[16]

In 2014 Tangerine announced the closure of its Clifton Road factory in Blackpool. It said its other Blackpool site in Vicarage Lane would remain open.[17]

Valeo Foods

In August 2018, Valeo Foods announced completion of its acquisition of Tangerine Confectionery.[18] In December 2019, the company's name was changed to Valeo Confectionery.[19]

Operations

Tangerine Confectionery (now Valeo Foods) had factories in Blackburn, Blackpool, Cleckheaton, Liverpool, Pontefract and York. Its head office, originally in Blackpool, was in Pontefract in West Yorkshire.[20]

Brands and products

Brand Products
Liqueurs, chocolate creams, marzipan fruits and specialist chocolate bars
Anglo Bubbly Bubble gum
Barker and Dobson Mints, Mint Humbugs, Everton Mints
Barratt (briefly known as Candyland)[21] Black Jacks, Bruiser, Candy sticks, Sherbet Fountain, Dip Dab, Catherine Wheels, Dolly Mixture, Jungle Mix, Dew Drops, Flumps, Frosties and Fizzy Frosties, Fruit Salad, Gums, Jelly Babies, Milk bottles, Milk Teeth, Nougat, Refreshers, Refreshers Gums, Refreshers Roll, Mini Eggs.
Fox's Glacier Mints and Fruits
Jamesons Caramels, Chocolate peanuts, Chocolate brazils, Chocolate raisins, Raspberry Ruffles
Lion Fruit Salad, Fruit Pastilles, Licorice Gums, Wine Gums, Sports Mixture, Midget Gems
Mojo Chews (banana, cola, strawberry, spearmint, orange), lollies, jellies
Poppets
Princess Pink and white marshmallows, Marshmallow smoothies (banana+strawberry & strawberry+mango)
Sharps of York Toffee, Fudge
Smith KendonYork Fruits
Squirrel Cherry lips, Floral gums
Hobo's Liquorice Chews With Fruit Sides [Re-released at Christmas 2013 alongside glee's]
Taveners Coconut mushrooms, Toffee bon bons, Eclairs, Rhubarb and custard, Red and black gums, Blackcurrant and liquorice, Barley sugars, Toasted teacakes, Chocolate limes, American hard gums, Fruit pastilles, Mint humbugs, Wine gums, Assorted liquorice, Jelly Babies, Dairy toffee, Strawberry bon bons, lemon and strawberry sherbets, lemon bon bons, dolly mixture

See also

External links

Notes and References

  1. Web site: 1986-06-04 . Valeo Confectionery Limited overview - Find and update company information - GOV.UK . 2024-03-10 . . en.
  2. News: Tangerine Confectionery awarded Halal Food Authority accreditation . 18 August 2009. talkingretail.com. 20 November 2009.
  3. News: Sweet dreams are made of this!. 3 September 2009. Blackpool Gazette. 19 November 2009.
  4. Web site: Our Factories. valeoconfectionery.com. https://archive.today/20220309071731/https://valeoconfectionery.com/factories-page. 9 March 2022. 8 March 2022.
  5. . 18 January 2008 . Cadbury Schweppes Agrees to Sell Monkhill: Completes Non-Core Disposal Programme (PDF). ZIP. 4 December 2016.
  6. Web site: Tangerine Confectionery Ltd – Tangerine Dream . Close Brothers Growth Capital Ltd . 20 November 2009 . dead . https://web.archive.org/web/20090530152306/http://www.growthcapital.co.uk/recent-investments-Tangerine.htm . 30 May 2009 .
  7. News: Tangerine recruits marketer to drive forward innovation. 7 November 2009. The Grocer. 19 November 2009.
  8. News: Tangerine completes Monkhill buyout. 26 February 2008. Blackpool Gazette. 19 November 2009.
  9. News: Sweet success in face of recession. 17 April 2009. Blackpool Gazette. 19 November 2009.
  10. News: Popcorn company bought for £58m. bbc.co.uk. 14 October 2015.
  11. News: Tangerine says no plan to shut factory in York . 31 March 2008. The Grocer. 19 November 2009.
  12. News: Tangerine Confectionery acquires Monkhill. 21 January 2008. The Grocer. 19 November 2009.
  13. News: Monk Hill Confectionery sale date 'imminent'. Godfrey. Ron. 22 November 2007. The Press. 19 November 2009. York.
  14. News: Hyde. Nick. Sweets staff vote for action on pay. 26 May 2008. Blackpool Gazette. 19 November 2009.
  15. Web site: Tangerine closes UK factory with 75 jobs cut. ConfectioneryNews.com. 16 November 2012 .
  16. http://www.halalfoodauthority.com/de-listed-members/ Halal Food Authority delisted members page
  17. News: Blackpool sweet factory to close putting 166 jobs at risk. BBC News . 6 March 2014.
  18. News: Valeo Foods group acquisition - Tangerine. 2018-08-24. Tangerine. 2018-10-23. en-US.
  19. News: Valeo Confectionery Limited. Gov.UK. 2021-10-10. en-US.
  20. Web site: Contact us - Tangerine.
  21. Web site: Tangerine puts classic sweets back under Barratt name. 2021-05-03. The Grocer. en.