Singleton Birch acquired by Mississippi Lime
Acquisition by leading US lime company set to power next phase of growth at Singleton Birch
SINGLETON Birch have been acquired by Mississippi Lime Company (MLC), one of the US’s oldest independent suppliers of lime products, for an undisclosed sum. The acquisition, which will power the next phase of Singleton Birch’s growth, is part of MLC’s strategy to drive growth, innovation, and sustainability through geographic expansion and new products and technologies that proactively address customers’ changing needs.
Mississippi Lime Company, an HBM Holdings company headquartered in St. Louis, Missouri, are one of the leading global suppliers of high-calcium lime products and technical solutions. The family-owned business, which has a history stretching back over a century, operates the largest lime facility in the Americas and extracts some of the purest limestone reserves in the world.
Paul Hogan (left of photo), president and chief executive officer of MLC, said: ‘For more than 115 years, Mississippi Lime has been focused on meeting the evolving needs and priorities of our customers. That focus has served our customers, our employees, and our business very well.
‘Our approach is to grow by finding businesses that represent a good cultural fit for us and can complement what we already provide to customers. Singleton Birch are a great fit and we are delighted to welcome them to the Mississippi Lime family today.’
Singleton Birch are based in Melton Ross, north Lincolnshire, where they employ more than 150 staff. They will continue to trade under their existing brand and the management team, led by chief executive officer Richard Stansfield, will remain in place.
Mr Stansfield (right of photo) said: ‘Being part of the Mississippi Lime family will enable us to invest more and power the growth of Singleton Birch. We’re delighted to have a partner for the next stage in our development that shares our culture and values.’
Singleton Birch’s largest shareholder was the Katherine Martin Charitable Trust. By agreeing to the acquisition, the Trust has triggered an impactful contribution to the three charities that it benefits: the NSPCC, RSPCA, and Barnardo’s.
‘Singleton Birch have done tremendous work and we are grateful that Richard and the leadership team will remain in their roles leading that business,’ said Mr Hogan. ‘This acquisition is about growth, and we do not anticipate reducing the number of jobs at Singleton Birch as a result of this transaction.’