Share

Schenck Process to acquire Baker Perkins

Schenck Process to acquire Baker Perkins

Schenck Process Group (SPG) has reached an agreement to acquire Baker Perkins.

This acquisition is a continuation of SPG’s strategic focus to further extend its global offering for the food end-markets. It will significantly strengthen its European capabilities in the food processing and equipment sector, broaden product offering in the Americas and provide opportunities for growth across the Asia Pacific region. SPG will build upon the knowledge, experience and customer relationships of the Baker Perkins team to support future growth, whilst remaining fully committed to existing facilities in Peterborough and Grand Rapids, Michigan.

The company’s industrial extruder division is a good fit for Schenck’s material handling systems in industries such as plastics, chemicals and pharmaceuticals.

Upon completion, the business will continue to be run by the existing managing directors as part of the SPG regional business structure.

The transaction is expected to close in Q4 2020.

Keith Cochrane, CEO of SPG, said:

I am delighted to see Baker Perkins join us. This is a long-established business with a reputation for excellent products and customer service, with a similar business model to our own. It will complement and extend our existing product offering to the food end-market, which is a key strategic focus, providing good opportunities for future growth, operating efficiency and further value creation for all stakeholders.

Mr Dan Bassett, MD Baker Perkins UK, commented:

We have been looking for a long-term partner prepared to invest in the company and continue its development for many years to come. We can relate to the SPG culture that encourages local autonomy and entrepreneurship, which fits well with our independent mind-set. Already we can see significant opportunities for growth, and I am excited at the prospect of working together.

Mr Dan Smith, MD Baker Perkins US, added:

Schenck Process already has a significant footprint in the US market, and we can see major opportunities in the combination of our expertise and product range.

Read more:

Welcome to Schenck Process

Contact Us

   

Contact Form

Office Locations

Baker Perkins Worldwide

Latest News

New UK #vacancies added this week include roles in Purchasing, Equipment Commissioning, and Stores:… twitter.com/i/web/status/1…

10 June 2021

Next Tuesday (01/06), Cameron Gilchrist will make a presentation to Confectionery Production's (@confectionprod) vi… twitter.com/i/web/status/1…

25 May 2021

Baker Perkins' patent-pending TruWeight system helps compensate for the machine and process variables that affect d… twitter.com/i/web/status/1…

12 May 2021

Apprenticeships are now open! Undertake a comprehensive and carefully tailored training programme to become a fully… twitter.com/i/web/status/1…

05 May 2021

Developed alongside Rousselot Functional Ingredients (@RousselotFi), gummy caps combine the benefits of gummies wit… twitter.com/i/web/status/1…

26 April 2021

Blog: Most Direct Gas Fired #biscuit #ovens offer the ability to radically adjust heating to suit each individual p… twitter.com/i/web/status/1…

13 April 2021