MBH Corporation has announced its acquisition of Boulder Sausage, a Colorado-based manufacturer of sausages and bacon.
The total consideration for the purchase of GBS Partners (trading as Boulder Sausage) is approximately £2.1 million to £2.6 million.
According to MBH, a London-based investment holding company, Boulder’s unaudited sales were $4.8 million for the year ending 31 December 2020.
The sausage company – which launched more than 50 years ago – is reportedly looking to grow through both e-commerce platforms and acquisitions.
“We are ambitious for future growth and being with MBH opens up the possibility of smoother expansion into markets beyond the US alongside acquisitive growth,” said Jim Burton, CEO and CFO of Boulder Sausage.
“With the additional prospect of new trade deals being brokered by our new administration, this is a timely moment to be joining a collaborative and varied group like MBH.”
MBH says that the transaction marks its third US acquisition in six months, as it looks to expand its footprint in the country.
Callum Laing, CEO of MBH, added: “What Jim Burton and the team have created and fostered with Boulder Sausage, for over half a century, is remarkable and we’re looking forward to helping them grow and continue their successful journey as part of our group.”
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