Biscuit International today announced that it has successfully extended and updated its financing arrangements. This gives the company a stronger financial position, more available funds, and greater flexibility to support its future plans.

The private label biscuit and bread substitute manufacturer completed the transaction with the support of its existing lenders and shareholders. This transaction provides the company with a strengthened capital structure, greater liquidity, and increased financial flexibility. Leon Taviansky, Biscuit International CEO, said: “This successful transaction is a positive outcome for us and demonstrates the trust of our partners in the strength of our operations and strategy. It allows us to move forward with clarity and confidence as we continue to focus on operational excellence, customer service and sustainable growth.” Following the transaction, Biscuit International remains fully committed to delivering high-quality products to its customers, maintaining strong relationships with its partners, and executing its strategic roadmap across all its markets.

Biscuit International’s operations encompass 30 factories, with a workforce of 5,000 people.

Photo: Biscuit International