Shropshire-based Edgmond Foods, a leading specialist in the manufacture of chilled and frozen products, has expanded its manufacturing capacity to cater for increased demand following significant funding from Santander Corporate & Commercial.
Established in 1990 by Nigel Payne, the family run business employs over 100 people and produces chilled and frozen quiches, tarts and frittatas for retail and foodservice markets nationwide.
The new funding from Santander Corporate & Commercial has been used to purchase additional plant and equipment and provide further working capital, and has also been used to lease additional office space to relocate the administrative offices to their manufacturing site.
Nigel Payne, Managing Director, Edgmond Foods, said: “Since its foundation, the business has gone from strength to strength. The expansion into new premises will allow us to increase output, concentrate on new markets and increase capacity across our quiche and tarts range, both of which have experienced significant growth.”
Peter Burton, Relationship Director, Santander Corporate & Commercial, said: “Edgmond Foods is known for its exceptional quality and is a well-managed business with a track record of strong, stable profitability and excellent cash generation. It also benefits from an established market position and a very experienced management team. Edgmond Foods is a true success story and a business Santander is delighted to support.”
The information contained in this press release is intended solely for journalists and should not be used by consumers to make financial decisions.
Notes to editors
For media enquiries, please contact Nigel Payne on 01952 820151 or on firstname.lastname@example.org
For Santander Corporate & Commercial media enquiries, please contact:
Siobhan O’Shea 020 7756 4189 Mobile: 07789 651 947
Andy Smith 020 7756 4212 Mobile: 07824 473 338
The Santander Corporate & Commercial press office operates from 8.00am to 6.00pm. Outside of these hours please call 0800 587770
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