MBH Corporation plc continues growth with acquisition of Boulder Sausage for £2.1m
MBH Corporation plc, a diversified investment holding company, is making its third US acquisition in six months by taking on Boulder Sausage, a long-established Colorado-based, premium quality sausage and bacon manufacturer.
Boulder Sausage becomes MBH’s 24th portfolio company following the company making 12 acquisitions in 2020. This latest acquisition establishes a new vertical as MBH’s first food manufacturing company.
MBH Corporation plc is furthering its United States footprint today with the acquisition of Boulder Sausage, Colorado’s number one sausage brand. Boulder launched over 50 years ago and has been committed to the same sausage recipe ever since, alongside additional firm commitments to using the highest quality and freshest ingredients possible with minimal processing.
Boulder Sausage becomes MBH’s third acquisition in the US following the Group acquiring ‘Meeting of the Minds’ and ‘Everyday Realty Services’ in September 2020. Like those two acquisitions, Boulder Sausage shares similar growth ambitions as they look to evolve their sales streams.
Analysis₁ of consumption data reveals over a third (36%) of the US population ate more than 2lbs of sausages in 2020 with 13.65m of them (4%) consuming 5lbs or more of sausages in the same year. With that, the appetite for sausages remains at an all time high.
For the year ending 31st December 2020, Boulder Sausage unaudited sales were $4.8m.
Jim Burton, CEO,CFO Boulder Sausage, said: “My team and I are hugely excited about the scale of the opportunity joining the MBH family represents. We are ambitious for future growth and being with MBH opens up the possibility of smoother expansion into markets beyond the US alongside acquisitive growth. With the additional prospect of new trade deals being brokered by our new administration, this is a timely moment to be joining a collaborative and varied Group like MBH.”
Callum Laing, CEO MBH corporation plc, commented: “Boulder Sausage is the latest example of our agglomeration policy of acquiring long established and successful businesses with exceptional leadership and ambition for further growth. What Jim Burton and the team have created and fostered with Boulder Sausage, for over half a century, is remarkable and we’re looking forward to helping them grow and continue their successful journey as part of our Group. We are very excited about the opportunities in this new Food & Beverage vertical.”