Anglia Maltings (Holdings), the business behind the Crisp Malt, EDME and Micronized Foods brands in England and Scotland, has expanded its operations into Europe through the acquisition of a family owned maltings.
The group has bought Tivoli Malt, based in Hamburg, Germany, from the Eisenbeiss family. It has an 110,000 tonne maltings in Germany and an 85,000 tonne plant in northern Poland. Financial details are not being disclosed.
Tivoli Malt commenced malting near Hamburg in 1922, as part of a longer established brewery business. It created GlobalMalt in 2000 as a joint venture between itself and the Schill Malz business based in Osthofen in south west Germany. The partners also established a Polish subsidiary, GlobalMalt Polska, located in Bydgoszcz, northern Poland, which commenced malting in 2001. Subsequently, Tivoli Malt acquired the whole equity in GlobalMalt from its partners and completed its purchase of the entire shareholding of the Polish operation in 2014. Schill Malz became part of GrainCorp in 2011, the Australian group that also operates Bairds Malt in the UK.
Anglia Maltings says the move consolidates its strong position in the malting industry, enabling it to expand and better serve international customers. The Group has 250,000 tonnes of production capacity across its five UK maltings and two food and drink ingredients plants. Anglia Maltings made a pre-tax profit of £13 million on revenues of £117m in the year ended December 31st 2014.
Crisp Malt managing director Euan Macpherson will head up the combined operation, with joint GlobalMalt managing directors Dietrich Mönch and Carsten Wulf reporting to him.
“The brewing, distilling and food industries across the globe are significantly changing: the role of suppliers can sustain the success of companies trading in these evolving conditions,” notes Anglia Maltings chief executive David Thompson. “We are committed to supporting our customers in meeting the challenges of their respective markets. The addition of GlobalMalt puts us in an even better position to do this.
“The synergies between the two companies are long-established. GlobalMalt and Crisp have co-operated for over a decade to develop trade with brewers across the world.” Mr Macpherson says the combined businesses’ exports to the US, Japan and South East Asia are over 100,000 tonnes each year, and these markets will be the focus of future development.
“By combining forces we can operate even more efficiently, upscaling our services and meeting the demands of existing and new customers. In the UK, our focus remains on supporting the vibrant distilling and craft brewing sectors. Wherever we operate, we aim to provide truly excellent customer service; fantastic product range and quality; and first class technical backing. That is what we will continue to do, but now even better resourced,” Mr Macpherson concludes.
Mr Wulf adds: “Anglia Maltings’ progressive approach and commitment to investment will bring significant benefits to the business. Over the years GlobalMalt has evolved from being a predominantly domestic German maltster to a significant exporter to global markets. I’ve worked with Euan and his colleagues for 14 years, and know that by being part of the larger Crisp group we can build on our already considerable success in supplying top quality malt worldwide.”
• Global Malt is Anglia Maltings’ first acquisition since it purchased the food and feed ingredients business Micronized Food Products Ltd (MFP) in July 2014. MFP, located in Northallerton, North Yorkshire, makes processed cereal and pulse products for the brewing, animal feed and petfood sectors. It was previously owned by the Banks family company SCB Holdings (Sandy).