Baxters pursues recipe for global development with US acquisition
Baxters, which is headquartered in Edinburgh, has swooped on Oregon-headquartered Truitt Bros Inc, a contract company of shelf-steady, thermally processed meals with extra than 500 staff. Terms of the offer ended up not disclosed. It will come right after the Scottish firm, whose offering includes soups and condiments, earlier this 12 months snapped up London-based mostly Orexis Refreshing Foodstuff.
Audrey Baxter, executive chairman and team chief executive of Baxters, explained: “Truitt Bros is an market innovator, giving significant-good quality customised goods to a wide range of food companies across the US.
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“The acquisition is a critical aspect of our US and world wide development method and delivers us the chance to capitalise on our current US organization. We will be doing work intently with the leadership teams at Truitt and Wornick to build an integrated North American business.”
Truitt Bros operates from two web sites – Salem in Oregon, and East Bernstadt in Kentucky. It claims it sells its goods to a broad variety of businesses from commence-ups to the world’s greatest brands. It has total manufacturing and warehouse services at both websites and a Culinary Centre at the Salem facility.
Baxters dates back to 1868 when George Baxter, who experienced been performing as a gardener on the Gordon Castle Estate, decided to move into the grocery small business.
He opened his initially store in Fochabers – the place the group still has a major existence – with his wife Margaret producing jams and jellies with fruits from the area spot.