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Boortmalt

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Boortmalt

Boortmalt
File:Boortmalt-Company.png
Boortmalt, Masters of Malt
Masters of Malt
ISIN🆔
IndustryMaltings, Agribusiness
Founded 📆1927
Founder 👔
Headquarters 🏙️,
Antwerp
,
Belgium
Area served 🗺️
Key people
Yvan Schaepman, CEO
Members
Number of employees
1000 (2020)
ParentAxereal
🌐 Websitehttps://boortmalt.com
📇 Address
📞 telephone

Boortmalt is a Belgian malting company. World leader in malting business, with a production capacity of over 3Mt in 2020.[1][2][3]

The Boortmalt group produces and markets a range of natural malts for brewers, distillers, and ingredients for the food industry.

Boortmalt is a fully owned subsidiary of the French agricultural and agribusiness cooperative Axereal.[4]

File:Boortmalt-Antwerpen.jpg

History

Boortmalt was initially created from a small malting company in Boortmeerbeek, Belgium. The company grew for decades, and in 1980, Boortmalt acquired the Sobelgra silo in the port of Antwerp, in Antwerp.[5]

In 2004, the French cooperative Epis-Centre (which became Axereal after a merger in 2010), which already owned a malting facility in Issoudun, France, acquired Boortmalt.[6]

From this time, Boortmalt continued to grow, extending plants' malting capacities, and successively acquired malthouses in Europe. In 2006, in Dunaujvaros (Hungary) and Nova Gradiska (Croatia). In 2010 with the acquisition of Greencore Malts in Great-Britain and Ireland in Bury St Edmunds, Knapton, Buckie, Glenesk, Athy (Ireland)[7][8] up to a total of 10 malthouses in 2018.[9]

In 2019, Axereal completed the acquisition of Cargill Malt, including 16 malthouses in 9 worldwide countries: Sheboygan (United States), Biggar and Saskatoon (Canada), Rosario and Bahia Blanca (Argentina), Sydney, Perth, Delacombe, Devonport, Port Adelaide, Cavan and Tamworth (Australia), Herent (Belgium), Salzgitter (Germany), Strasbourg (France), Villaverde (Spain), and Swalmen (The Netherlands), making Boortmalt the world leader in the production of malt.[10][11][12]

In 2021, Boortmalt started malt production in the first African malt house, located in Debre Birhan, Ethiopia.[13]

Economic data

In 2020, Boortmalt counted 1000 employees, in 27 malting plants over 5 continents.[14][15]

Axereal Group

Axereal is a French agricultural and agribusiness cooperative. It brings together 12,700 farmer members and is based in Region Centre-Val de Loire, from the south of Paris to the north of Auvergne.[16][17][18]

References

  1. Walsh, Siobhán (2019-11-05). "Boortmalt becomes World's leading malt producer as Axereal acquires Cargill Malt". Agriland.ie. Retrieved 2021-01-19.
  2. "Boortmalt Becomes the World Leader in Malt Production | FDBusiness.com". Retrieved 2021-01-19.
  3. Staff, Reuters (2019-11-04). "French firm Axereal seals acquisition of Cargill's malt business". Reuters. Retrieved 2021-01-19.
  4. "Axereal's Boortmalt snaps up Cargill's global malt business". .foodingredientsfirst.com/. Retrieved 2021-01-19.
  5. "Boortmalt builds world's largest malt factory in Flanders". Invest In Flanders. 2018-12-03. Retrieved 2021-01-19.
  6. "FRANCE: Merger creates malt giant". www.just-drinks.com. 2004-03-16. Retrieved 2021-01-19.
  7. Lynch, Suzanne. "Greencore to sell malt business for up to €116m". The Irish Times. Retrieved 2021-01-19.
  8. "Greencore Group plc has sold Greencore Malt to Axereal Union de Co-op's Agric. | Deals | Oaklins Bulgaria: Mid-market M&A and financial advice globally". Bulgaria. Retrieved 2021-01-19.
  9. "Belgium/USA/France: Way cleared for largest malting group in the world". www.inside.beer. Retrieved 2021-01-19.
  10. "French grain cooperative acquires Cargill's malt business". www.foodbusinessnews.net. Retrieved 2021-01-19.
  11. Staff, Reuters (2019-11-04). "French company Axereal buys Cargill's malt business". Reuters. Retrieved 2021-01-19.
  12. "Cargill to sell stand-alone malt business to Axéréal". .foodingredientsfirst.com/. Retrieved 2021-01-19.
  13. "French malt factory in Ethiopia begins production – New Business Ethiopia". Retrieved 2021-01-19.
  14. "Welcome to Boortmalt | Boortmalt". www.boortmalt.com. Retrieved 2021-01-19.
  15. "La coopérative Axéréal ferme une centaine de silos de proximité". Les Echos (in français). 2020-12-07. Retrieved 2021-01-19.
  16. "Activities | Axéréal". www.axereal.com. Retrieved 2021-01-19.
  17. à 10h09, Par Stéphane Frachet Le 8 décembre 2020 (2020-12-08). "La coopérative céréalière Axéreal veut économiser 30 millions d'euros". leparisien.fr (in français). Retrieved 2021-01-19.
  18. Axereal. "AXEREAL Acquires CARGILL's Malt Business". www.prnewswire.com. Retrieved 2021-01-19.


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