Tayto snaps up Golden Wonder division

Crisp firm Tayto today snapped up a division of collapsed crisp maker Golden Wonder, safeguarding almost 200 jobs.

C&C-owned Tayto confirmed it had bought the Pringles Mini brand from administrator Kroll and taken over its site in Corby, Northamptonshire, England just days after Golden Wonder collapsed.

The move will see 195 of Corby’s 350 employees continue to work for Tayto at the site.

The Pringles Mini brand was subcontracted to Golden Wonder by Procter & Gamble, owner of the Pringles range. The contract was transferred to Tayto under today's deal.

Golden Wonder called in Kroll on Monday after struggling to compete with larger rival Walkers and reporting “significant” losses in 2005.

Administrators are trying to find bidders for other parts of Golden Wonder, which produces snacks such as Nik-Naks, Wheat Crunchies and Ringos, employing a total of 850 staff.

As well as its factory in Corby, the firm also has sites at Market Harborough in Leicestershire and Scunthorpe in Humberside.

Kroll said on Monday that it plans to close part of the Corby site, transferring the manufacturing of own label products to Scunthorpe, although it is not yet known what will happen to workers involved in that operation.