Flurocarbon Holdings has bought bakeware manufacturer Prestige Industrial.
Prestige, a bakeware manufacturer, supplying the UK and Europe, was previously a subsidiary of BI Group Plc, a parent corporation for an international group of engineering companies.
BI had suffered a general reduction in sales of bread tins and baking trays over the past decade and as a result withdrew from the market to concentrate on its core engineering project work.
The decision was made to negtiate an acquisition agreement with Flurocarbon Holdings was encouraging by company subsidiary, Flurocarbon Bakeware Systems’ (FBS) well established presence in the market.
FBS specialise in the production of deep brawn bakeware and the application of the SBS range of release coatings, whilst Prestige are experienced in the assembly of fabricated bakeware and silicon glaze application.