The History of Peters
Peter’s sprung into life back in the 1950’s as ‘Thomas Pies.’ Our freshly baked sausage rolls, pies and pasties were a huge hit in the South Wales valleys and by 1976 we were able to invest in our current state of the art home in Bedwas and changed our name to ‘Peter’s’. Success continued to grow and by the late 1980’s we were a household name. Our family run business was taken over in 1987 by Grand Metropolitan but passed to the worker’s ten years later when the managers bought the company. 10 years later in October 2007 Peter's hit another significant milestone after a £20m pound buyout by the management team and a private equity firm. South Wales born Mike Grimwood,a former executive of food group 'Northern Foods' has been appointed as Managing Director, ensuring that Britains best loved pies and pasties continue to get better and better.
1950's
The begining
Peter’s sprung into life back in the 1950’s as ‘Thomas Pies'.
1976
Set up home in Bedwas
We invested in our factory in Bedwas, Caerphilly and changed our name to Peter's.
1987
Company taken over by Grand Metropolitan
After years of success Peter's was now a household name. The company was taken over by Grand Metropolitan.
1997
Management buy in
Peter's was bought back by the managers and returned to a family owned company with Justin Griffiths as Managing Director and his sister Judith Griffiths Evans as Commercial Director.
2007
Company undergoes rebranding
After 10 years of being privately owned a major re-branding process was undertaken giving Peter's a brand new corporate identity and packaging across all products as a result. Peter's continue to grow stronger year after year.
October 2007
£20 million buy-out
In October 2007 Peter's was acquired by it's management and NGBI Private Equity in a £20 million buy-out. Debt was provided by Peter's longstanding bankers, The Royal Bank of Scotland (RBS), who are keen to support Peter's impressive growth plans.
Mike Grimwood now holds the position of Managing Director with Justin Griffiths (former MD) taking up the position of Food Service Director.