Fuchs Group acquires UK-based Bart’s Ingredients

Fuchs Group, Germany's largest spice producer, has just bought UK herbs and spice company Bart’s Ingredients From private equity firm Langholm Capital,

Through the move, Fuchs aims to continue its international growth strategy and target the UK market segment as it is the third largest market for herbs and spices in Europe.

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Bart’s Ingredients, the second largest herbs and spices company in the UK, specialises in the production of ingredients such as herbs, spices, seasonings, home baking, salts and pastes, offering over 500 products to its customers including organic and Fairtrade products.

In the last fiscal year, the company generated a total revenue of over £25mn and employs more than 180 people.

In 2014, it acquired OTP Foods to broaden ingredients offering to include products such as pasta and sauces.

“The acquisition of Bart Ingredients complements our existing portfolio of businesses and secures more market coverage in line with our growth strategy,” said Nils Meyer-Pries, CEO of the Fuchs Group.

“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.