Germany’s largest spice producer Fuchs Group has bought British herbs and spice company Bart Ingredients from private equity firm Langholm Capital.
Fuchs aims to continue its international growth strategy and enhance its market position in the UK, the third largest market for herbs and spices in Europe.
Based in Bristol, Bart specialises in the production of cooks’ ingredients, including herbs, spices, seasonings, home baking, sauces and pastes, offering over 500 products to consumers. It has a revenue of over £25 million and employs more than 180 people.
Fuchs claimed that Bart Ingredients has played a leading role in the development of the UK spice market by introducing organic and Fairtrade products. In 2014 it acquired of OTP Foods to develop wet ingredients such as pastas and sauces.
Nils Meyer-Pries, CEO of the Fuchs Group, said: “The acquisition of Bart Ingredients complements our existing portfolio of businesses and secures more market coverage in line with our growth strategy.
“In our discussions with Bart Ingredients it is clear that the philosophies and people of both companies are well matched.
Bart Ingredients CEO David Collard added: “We are delighted to be joining the Fuchs family. We have admired their leadership in our industry and believe that our strategies are totally aligned. We look forward to developing our business as part of the Fuchs Group.
Fuchs offers grocery retailers, foodservice players and the food industry a range of over 7,000 products. It employs 2,800 people in eight countries.
© FoodBev Media Ltd 2017