Originally constructed as a Joint Venture operation, UK’s third largest malting group Muntons announced today that is has completed the full purchase of their malted ingredients vacuum band drying manufacturing plant in Thailand. The plant is now wholly owned by the family owned malt maker and the facility is called Muntons Ingredients (Thailand). The plant was officially opened in April 2016 as a USD17.5 million joint venture undertaken in conjunction with Jebsen and Jessen Ingredients, a distribution company based in Bangkok, Thailand.
Malt-based vacuum band dried products provide the base for malted milk drinks, confectionery and bakery applications. Products made in Munton’s Thailand facility are sold around the world utilising a base of malt extract made and supplied from the company’s main facility in Stowmarket, East Anglia, about 150 km north-east of UK’s capital London.
The South East Asia market offers a wealth of opportunity for Muntons, through its combination of high population density and local consumers with a strong affinity for the taste of malt, the company said in a statement. In Asia, malted beverages are often consumed as cold, refreshing drinks, rather than the more usual relaxing bedtime tipple known in the UK, as the blend of complex sugars, naturally present in malted milk drinks, provide a useful slow energy release.
Mark Tyldesley, for more than one year now Managing Director of Muntons (inside.beer, 3.1.2018), commented: “this is an exciting move for us and marks the beginning of a new chapter for our Thailand factory.”
In order to service different markets, Muntons is organised into two operating divisions – Muntons Malt, which serves the Brewing and Distilling industries around the world, and Muntons Malted Ingredients, which focuses on food industries and non-alcoholic beverages. Each division has a dedicated management team able to focus on the requirements of their customers and markets.
In addition there is a dedicated section for the home beer and winemaker outlining the products that Muntons offer for this growing area of interest.