Merger Heats Up Bakery Ingredients Industry

Merger Heats Up Bakery Ingredients Industry

George Weston Foods (GWF) has merged its Weston Milling business with AB Mauri’s Australia & New Zealand operations.

The new entity launched as MAURI anz, a division of GWF and an affiliate of the global AB Mauri business, both of which are divisions of Associated British Foods.

The move represents a significant investment locally and brings to market a full service bakery ingredients business with product, research, innovation, technology, production and distribution capabilities.

George Weston Foods chief executive Andrew Reeves said the merger positions MAURI anz strongly for future growth and innovation.

“Building an integrated bakery ingredients business in Australia has been a long-term objective as a means to offer something very unique and compelling in the category, for the baker,” he said.

The current suite of bakery ingredients and brands historically available through Weston Milling and AB Mauri remain available to customers. Manufacturing and production sites remain across Australia and New Zealand.

The merger sees former George Weston Foods chief financial officer David Wallace promoted to the position of managing director, MAURI anz.

“It’s an exiting time to be part of and lead the MAURI anz team. Our new offering enables us to work closely with all types of bakers large and small,” David said.

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