APV Baker back to Baker Perkins as sale proceeds
28 April, 2006
Bakery equipment supplier APV Baker has been acquired by private investors John Cowx and Brian Taylor, from owners Invensys. The process technology company will now trade as Baker Perkins, a name it was known by between 1920 and 1987.
John Cowx becomes managing director and Brian Taylor chairman of the company, which has sites in Peterborough, UK, and Michigan, USA. John Cowx said: “We are committed to the long-term development of the business. We believe that the freedom of a stand-alone enterprise will allow us to release the skills and potential within the company through a moreflexible, focused and entrepreneurial culture.”Strategic development direc-tor Rex Gibson told British Baker that it will be business as usual for the company and its 400 employees following the takeover this month. He added: “The new name is a return to a name that was familiar to our customers in the last century.”