Salter Housewares
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Overview

Salter is a British housewares brand. Established in 1760, Salter has been developing precision products for over 260 years. Salter develops and sells products that span a wide range of core product categories, including scales, electricals, cookware and countertop. It is a market leader in kitchen and bathroom scales and one of the UK’s oldest consumer brands. It was acquired by Manchester-based consumer goods giant Ultimate Products in 2021, after they had previously licensed the brand for cookware and kitchen electrical goods since 2011.


History

The firm began life in the late 1760s in the village of
Bilston Bilston is a market town, ward, and civil parish located in Wolverhampton, West Midlands, England. It is close to the borders of Sandwell and Walsall. The nearest towns are Darlaston, Wednesbury, and Willenhall. Historically in Staffordshi ...
,
England England is a country that is part of the United Kingdom. It shares land borders with Wales to its west and Scotland to its north. The Irish Sea lies northwest and the Celtic Sea to the southwest. It is separated from continental Europe ...
when Richard Salter, a
spring Spring(s) may refer to: Common uses * Spring (season), a season of the year * Spring (device), a mechanical device that stores energy * Spring (hydrology), a natural source of water * Spring (mathematics), a geometric surface in the shape of a h ...
maker, began making the first
spring scale A spring scale, spring balance or newton meter is a type of mechanical force gauge or weighing scale. It consists of a spring fixed at one end with a hook to attach an object at the other. It works in accordance with Hooke's Law, which states th ...
s in Britain. He called these scales "pocket steelyards", though they work on a different principle from steelyard balances. By 1825 his nephew George had taken over the company, which became known as George Salter & Co. George later established a manufacturing site in the town of
West Bromwich West Bromwich ( ) is a market town in the borough of Sandwell, West Midlands (county), West Midlands, England. Historic counties of England, Historically part of Staffordshire, it is north-west of Birmingham. West Bromwich is part of the area ...
, about 4 miles (7 km) from Bilston.
West Bromwich Albion West Bromwich Albion Football Club () is an English professional football club based in West Bromwich, West Midlands, England. They compete in the EFL Championship, the second tier of English football. The club was formed in 1878 and has pl ...
football club was formed from workers at this works site. From here the company produced a wide variety of scales including the UK's first bathroom scales. Other items were added to the range, including irons, mincers, potato chippers, coin-operated machines and the first typewriters made in the UK. The business thrived throughout the 1900s, and by 1950 it employed over 2000 people, still in the same area and owned by the same family.


Late 20th century to present

In 1972 the company was purchased by Staveley Industries Plc and was split into separate subsidiaries: housewares, industrial, etc., relocating as required. In the late 1980s and early 1990s Staveley acquired more businesses worldwide to form a new "weighing group", including the Weigh-Tronix company of America, and in 1998 after a
management buyout A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management-, and/or leveraged buyout became noted phenomena o ...
(MBO), this became the Weigh-Tronix Corporation, with Salter Housewares a part of that. The focus of the new corporation was increasingly towards industrial or commercial weighing, and in February 2002 the management team at Salter Housewares Ltd. bought the company out from the group to concentrate on its consumer businesses. The MBO was backed by Barclays Private Equity to the sum of £18 million (€28m). The company grew rapidly for the next two years, and in March 2004 it was sold to HoMedics, a US-based manufacturer of "personal wellness" products, generating an
internal rate of return Internal rate of return (IRR) is a method of calculating an investment’s rate of return. The term ''internal'' refers to the fact that the calculation excludes external factors, such as the risk-free rate, inflation, the cost of capital, or ...
(IRR) of approximately 70% for Barclays Private Equity. In 2006, Salter Housewares USA and Taylor Precision Products Inc. (also owned by HoMedics) merged their sales, marketing and distribution operations. The company has since closed its historic factory in West Bromwich, England and shifted manufacture to China. The site has been sold for redevelopment. Salter began a partnership with chef Heston Blumenthal in 2010. Salter’s design team work alongside Blumenthal’s team from the Fat Duck kitchens to develop a range of precision weighing instruments. In 2011, Greater Manchester based consumer goods giant Ultimate Products Global Sourcing licensed the Salter Brand to sell electrical cookware, bakeware, food prep and small domestic appliances. Ultimate Products announced the £34m acquisition of the Salter brand in July 2021.


See also

* Avery Weigh-Tronix * Phil Drabble - a former director


References

{{Reflist


External links


Salter HousewaresHoMedicsGeorge Salter and Co - Grace's GuideAbout Salter - infomat.net
Manufacturing companies of the United Kingdom Companies based in the West Midlands (county)