Pontefract-headquartered Tangerine Confectionery and Big Bear Confectionery, which are both owned by Valeo Foods Group have informed their employees of plans to create a new combined UK Confectionery Division by transferring and merging Big Bear Confectionery into Tangerine Confectionery.
The confectionery market in the UK is very competitive and it is said the proposals will “create a business with strong innovative capabilities, a unique breadth of technologies and a portfolio of iconic British brands that will have the potential to deliver sustainable and profitable growth.”
At this stage, the proposed changes include the closure of the Big Bear Leicester site and creation of a combined UK Head Office function across both Pontefract and Blackpool.
Both companies have commenced a formal consultation process with impacted employees and their union representatives as part of a Transfer of Undertakings (TUPE) process. Trade unions USDAW and Unite plus elected employee representatives have all been informed. The consultation period is expected to last until end of April, at which stage the final outcome of the process will be communicated to all employees.
Commenting on the announcement, a spokesperson on behalf of Tangerine Confectionery and Big Bear Confectionery said: “The proposals being discussed with our employees will create a combined UK confectionery business that will be better positioned to deliver future sustainable growth in what is a very competitive UK confectionery market.
“Our immediate priority is the welfare of those employees who may be impacted by the proposals and we are committed to do everything we can to support our colleagues through the consultation period and beyond.”