Investment type
- Management buyout
Hill Biscuits is one of the largest and longest established biscuit manufacturers in the UK, producing hundreds of millions of biscuits each year, supplying a range of customers across retail, wholesale, and foodservice markets.
Originally founded as a small shop in Dukinfield, Manchester, by John and Sarah Hill in 1855, Hill Biscuits’ key products include bourbons and custard creams.
New growth phase
LDC invested in Hill Biscuits in April 2017 to support the business’ organic growth strategy.
During the partnership, LDC helped the business to invest in new technology to improve manufacturing efficiencies and increase capacity, whilst also investing in people development.
Hill Biscuits more than doubled revenues to over £40m in 2024, including reporting sales growth of 44% for 2023, and grew to employ 350 people.
In July 2024, LDC exited its investment in Hill Biscuits to European biscuit, breakfast cereal, snack and pasta manufacturer Cerealto UK.
LDC has provided us with the confidence and resources to develop, invest, and innovate. With their support, we have built a dedicated leadership team that has significantly grown our business. Over the past seven years, we have made notable strides in enhancing our processes and products.”
