INVESTMENT YEAR
2016
REALISATION YEAR
2019
SECTOR
Consumer
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Baker of remarkable biscuits

Thomas Fudge’s was founded in 1916 and originally delivered freshly baked bread to the West Country farming community by horse and cart. Today, the company’s biscuits, crackers and florentines are stocked by supermarkets including Waitrose, Tesco, Morrisons and Marks & Spencer, as well as retailers like Fortnum & Mason and Harvey Nichols.

When we first came across the business, it was still run by the Fudge family 100 years on. We invested to enable Paul Vita and Vickie Best, who worked with Fudge’s as commercial and operations directors, to take over the business as joint managing directors. We also worked with Thomas Fudge’s to strengthen the management team and revamp their brand.

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Thomas Fudge's timeline

1916 Bakery founded
2016 Livingbridge invests
2016 Appoints interim Finance Director
2016 Launches new savoury range
2018 Launches new branding
2019 Livingbridge realises investment with sale to Burton's Biscuits