Guttridge acquired by Mitchells Group in global deal

Pinchbeck bulk material handling company, Guttridge, has been acquired by Mitchells Group in a deal which sees the combined revenue of both companies surpass $30 million.

Established in 1962 and employing 100 people at its Wardentree Lane base, Guttridge will retain its name and continue to trade as part of the Mitchells Group.

Privately-owned Mitchells is one of the world’s largest bulk material handling manufacturers, supplying specialist conveying solutions and handling equipment to agri-food companies worldwide.

Chairman Peter Guttridge said: “We are delighted with the acquisition and joining Mitchells Group marks a culmination of 50 years of hard-work and continued high-quality design and build of bespoke handling solutions.

“The deal will allow us to support both new and existing customers with a greater range and scope of products and materials, ensuring we provide the highest quality to meet their needs.

“The high-level of skilled engineers and technicians in global locations at both companies complement each other and by working together, we can further establish our global presence and become true leaders in our field.

“The future looks incredibly bright and we’re looking forward to a prosperous and successful relationship with Mitchells."

Mitchells Group CEO, Mic Mittasch, said: “The acquisition of Guttridge is a significant milestone in the continued growth of Mitchells and our forever expanding bulk handling capacities.

“We look forward to the beginning of a strong and successful relationship with Guttridge and its employees.”