GERMANY – Fuchs Group, German’s largest spice producer, has acquired British herbs and spice company Bart Ingredients from the private equity firm Langholm Capital, for an undisclosed sum.
Bart Ingredients, previously owned by private equity firm Langholm Capital LLP, has been transformed significantly with an award-winning brand position, bespoke customer relationships together with enhanced and leading processes.
According to FoodBev, 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 revenue of over US$32.9million 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.
“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,” said Nils Meyer-Pries, CEO of the Fuchs Group.
“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,” said Bart Ingredients CEO David Collard.