WINNIPEG, MANITOBA, CANADA — Canadian agribusiness Richardson International, through its subsidiary Richardson Malting (UK), has acquired Ragleth Ltd., the parent company of Anglia Maltings (Holdings) Ltd., a leading European maltster and grain processor based in Norfolk, England. Financial terms were not disclosed.
Anglia Maltings started malting in 1870 and now encompasses a diverse portfolio of businesses with 360 employees, including Crisp Malt, Micronized Food Products (MFP) and EDME Food Ingredients.
Anglia Maltings operates seven malt facilities in the UK, Poland and Germany with a combined capacity of 440,000 tonnes. Crisp Malt collaborates with local farmers to source the highest-quality malted barley, serving breweries and distilleries and the food industry worldwide. MFP specializes in the production of cereals and pulses for brewing and animal feed, while EDME Food Ingredients focuses on malted and non-malted products catering to the baking industry.
“We share common values with Anglia Maltings and are aligned in our commitment to operational excellence and exceptional customer service,” said Curt Vossen, chief executive officer, Richardson International. “As experienced handlers of malting barley in North America, this is an exciting next step in our long-term strategy, which includes the diversification of our business and continued growth in the food processing industry.”
Richardson is a worldwide handler and merchandiser of all major Canadian-grown grains and oilseeds and a vertically integrated processor and manufacturer of oats and canola-based products. With growing global demand for malting barley, predominantly driven by the brewing and distilling industries, Richardson said it is positioning itself to meet the increasing requirements of an international customer base through strategic expansion and investments.
“As proponents of innovation, Richardson’s support will enable us to realize our ambitions for new ingredients and open new avenues for our business,” said Stuart Sands, chief executive officer, Anglia Maltings. “By leveraging our operational expertise, we will continue to offer best-in-class, whether it be through the delivery of the highest-quality food ingredients or outstanding service to our valued customer base.”
Richardson’s acquisition of Anglia Maltings follows a series of significant investments in recent years for the Winnipeg, Manitoba, Canada-based firm. In 2021, the company made substantial capital investments in oilseed and milling processing facilities in North America and Europe. That same year, the company acquired Italgrani USA, North America's largest durum miller and a major supplier of semolina flours to international pasta markets.
