Richardson Malting acquires Anglia Maltings to expand international malt production
Richardson Malting, a UK-based subsidiary of Canadian agriculture and food processing giant Richardson International, has acquired Ragleth Limited, the holding company for Anglia Maltings (Holdings) Limited.
This strategic move is in response to the escalating global demand for malt, predominantly spurred by brewing and distilling industries, marking a major development in the international malt production arena.
Anglia Maltings, with its headquarters in Norfolk, England, operates seven malt facilities across the UK, Poland, and Germany. With a combined capacity of 440,000 MT, the organization has an extensive business portfolio that includes Crisp Malt, Micronized Food Products (MFP), and EDME Food Ingredients.
Crisp Malt, a key player in the global malt industry, partners with local farmers to procure top-quality malted barley for breweries, distilleries, and the worldwide food industry. Meanwhile, MFP is known for its specialized production of cereals and pulses used in brewing and animal feed. EDME Food Ingredients offers both malted and non-malted products to the baking industry, further broadening Anglia Maltings’ market reach.
UK-based Richardson Malting enhances malt capabilities through Anglia Maltings acquisition. Photo courtesy of RICHARDSON INTERNATIONAL LIMITED.
Stuart Sands — Anglia Maltings CEO said: “As proponents of innovation, Richardson’s support will enable us to realize our ambitions for new ingredients and open new avenues for our business.
“By leveraging our operational expertise, we will continue to offer best-in-class, whether it be through the delivery of the highest quality food ingredients or outstanding service to our valued customer base.”
The acquisition comes as part of Richardson International’s ongoing strategy for expansion and investment to meet the growing needs of its international clientele. This follows a series of substantial capital investments in oilseed and milling processing facilities in North America and Europe made by the company in 2021. The same year, Richardson also added Italgrani USA, the largest durum miller in North America and a significant semolina flour supplier to international pasta markets, to its portfolio.
With this latest development, 360 employees from Anglia Maltings will be incorporated into Richardson’s wider group of companies spread across Canada, the US, and Europe, further bolstering its global workforce.
Curt Vossen — Richardson International CEO said: “We share common values with Anglia Maltings and are aligned in our commitment to operational excellence and exceptional customer service.
“As experienced handlers of malting barley in North America, this is an exciting next step in our long-term strategy, which includes the diversification of our business and continued growth in the food processing industry.”