Bulletin

Abergavenny targets 120 per cent increase

The Abergavenny Fine Food Company aims to increase production of its goat's cheese range by 120% after receiving £1.2m in funding from Santander Corporate and Commercial. It will also increase the size of its current dairy facilities in Abergavenny to meet increased demand and to help the firm develop its business relationships with UK goat farmers, with the aim of processing over four million litres of milk per year. Established in 1987 by husband and wife Anthony and Pam Craske, Abergavenny Fine Foods has steadily grown and diversified into a major producer of high quality food products. It is now run by their son and daughter. Annual turnover has now grown to £17.16m and the firm counts Sainsbury's, Waitrose and Tesco among its clients. It recently began exporting to Australia and is making inroads into South Korea and Taiwan. Myrddyn Hughes, relationship director at Santander Corporate and Commercial, said: 'The Abergavenny Fine Food Company is an exceptional company that has developed strong business relationships in the farming community. We are delighted to be supporting the business as it looks to expand further.'

 

Note: News bulletin content has been provided by a third-party and is not the opinion of Santander

Other Articles

This International Women’s Day, our analysis reveals a continuing untapped potential and huge opportunity when it comes to women in…

London

London-based ACT Clean has secured private investor backing for a £10.2 million management buyout.

Bulletin
Spain

Santander takes 12 UK food and drink manufacturers to Spain on one of our successful trade missions. Adam Payne in the international team…

This International Women’s Day, our analysis reveals a continuing untapped potential and huge opportunity when it comes to women in…

London

London-based ACT Clean has secured private investor backing for a £10.2 million management buyout.

Bulletin
Getting a taste for Spain!

Santander takes 12 UK food and drink manufacturers to Spain on one of our Trade Missions. Alicia Ferrero Vega in the International team…

Bulletin

Where Next?