Simpsons Malt climbs regional ranking list

Family-owned Simpsons Malt has jumped five places to 45 in The Journal Top 200 North East, the league table that ranks the North East's best financially performing businesses.

Friday, 18th November 2016, 8:20 am
Updated Tuesday, 22nd November 2016, 11:06 am
Richard Simpson, vice chairman of Simpsons Malt, Berwick

Among the top 50 in the list, the Berwick-upon-Tweed maltster employs more than 250 people and has reported a turnover of £160.7 million in the last year.

Simpsons Malt, which includes agricultural trading divisions McCreath, Simpson & Prentice (MSP) and John Guthrie in Forfar, produces in excess of 280,000 tonnes of malt a year from the raw barley material sourced from surrounding farms.

Increasing sales into the global brewing industry and continuing strong demand from distilling customers has contributed to a positive year for the independent company as it now represents the North East in more than 25 countries around the world.

Richard Simpson, vice-chairman of Simpsons Malt, said: “The success of Simpsons Malt can be attributed to the continued hard work of our employees, our farming partners and suppliers and our amazing customers, who recognise our continued investment in both our maltings, in Berwick-upon Tweed and Tivetshall St Margaret, and in the company’s supply chain infrastructure.

Sign up to our daily newsletter

The i newsletter cut through the noise

“We will continue our strategy for growth by continuing to invest in our malting facilities to further secure home markets while developing opportunities all over the globe. Our people are essential to this success and we will continue to invest in training and development in order to service our customers at the highest level.

“As a North East business, being featured on The Journal Top 200 list is a privileged position that we’re very proud to be in, and would like to congratulate all the other businesses in our region that have also made the list.”