The acquisition will complement AB Mauri UK & Ireland’s product portfolio, which offers a range of baking ingredients, icings and mixes. Terms of the agreement were not disclosed.
As part of the Rank Hovis Milling brand since 2008, Holgran provided baking manufacturers with ingredients such as seeds, grains, malt flours, sourdough flavors, mixes and more. Through the acquisition, AB Mauri plans on developing the brand’s existing technical capabilities and extending its current offering with new complementary products.
AB Mauri believes the integration will expand its market reach and supports its existing growth strategy.