Carr's Flour Mills Limited
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Carr's Flour Mills Limited - overview
Established
1836
Location
Kirkcaldy, -, UK
Primary Industry
Food
About
Carr's Flour Mills Limited specializes in the milling of high-quality flour and baking products, serving both home bakers and professional clients, with a strong historical presence in the UK milling industry. Carr's Flour Mills Limited, based in Kirkcaldy, UK, has been operating since 1836, primarily focusing on flour production. In September 2016, the company transitioned from Carr's Group plc to ownership by Whitworths Limited for GBP 36 million. Whitworths, a portfolio company of Equistone Partners Europe, secured the acquisition to enhance their product offerings.
Carr's Flour offers a wide range of flour and baking products tailored for various baking applications, including specialized flours for bread, cakes, and pastries, as well as convenient mixes. Their expertise in milling, established over nearly two centuries, allows them to supply both retail consumers and B2B partnerships with bakeries and food manufacturers, ensuring a diverse product line to meet various baking needs. In the most recent fiscal year 2022, Carr's Flour reported revenues of GBP 37,699,472. 40, with an EBITDA of GBP 1,789,840.
10, generated from direct sales and partnerships with retailers and wholesalers that enhance market access for their flour and baking products. Carr's Flour Mills Limited is focused on developing new products and expanding its market presence. While specific new product launches are not detailed, the company aims to explore additional geographic markets as part of its growth strategy. The recent acquisition funding will likely be utilized to support these initiatives, enhancing product development and market penetration efforts.
Current Investors
Whitworths Limited
Primary Industry
Food
Sub Industries
Bakery Products, Agribusiness
Website
www.carrs-flourmills.co.uk/
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Carr's Flour Mills Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Carr's Flour Mills Limited | - |
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