Saxon Agriculture was established in June 1993 as a wholly owned subsidiary of Moray Firth Maltings PLC, the malting arm of Scottish and Newcastle PLC, the UK’s largest brewer.
Following the unison of Moray Firth Maltings and Hugh Baird and Sons, Conagra Inc’s UK business - Bairds Malt Ltd was formed in March 1999. They achieved combined annual production capacity of 245,000 tonnes of malt. As of this date Saxon Agriculture is a wholly owned subsidiary of Bairds Malt Ltd.
In November 2009 Bairds Malt Ltd was bought by GrainCorp Ltd, who are based in South East Australia.