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

Baker Perkins’ patented MAX³ feed system delivers a 40% to 100% increase in powder coating throughput, and combines… twitter.com/i/web/status/1…

17 May 2022

A major investment in manufacturing technology is cutting lead times and adding capacity to bring significant benef… twitter.com/i/web/status/1…

11 May 2022

We're recruiting for engineers across our business, with benefits including permanent contracts, a pre-paid overtim… twitter.com/i/web/status/1…

05 May 2022

Join Ekaterina Krakovskaya and Gerard Nelson at @Ipack_Ima in Milan, Italy next week, where we will be exhibiting o… twitter.com/i/web/status/1…

26 April 2022

The @Schenck_Process Group financial year highlights for 2021 - the first full year since the acquisition of Baker… twitter.com/i/web/status/1…

20 April 2022

Increased power and speed are the key attributes of the new HPX45 #extruder, delivering superior outputs on powder… twitter.com/i/web/status/1…

08 April 2022