Food for thought – supporting the Welsh food and drinks business sector
Food and drink in Wales is big news. It’s a sector we
like to invest in with a lot of business opportunities. From small
cafes and restaurants through to food manufacturers, more than 18%
of people employed in Wales work in food and drink, generating over
£6.5 billion annually. We’ve worked with a number of different
types of food and drink business over the years, funding property
deals, new equipment and general expansion plans.
Here’s three to give you a flavour of the types of businesses we
can work with:
Porro – Italian-inspired restaurant in
We helped fund the opening of a second Porro restaurant in Cardiff
this November with a six-figure investment. The deal will create
nine full-time equivalent jobs in their second Cardiff restaurant.
With a focus on local suppliers, the team behind the small Welsh
chain are keen to expand further.
Wholebake – seed and fruit health bar manufacturer in
Wrexham and Corwen
We made a £750,000 debt and equity investment in Wholebake to help
fund a management buyout in 2011. Following our investment the
company has grown, with its products widely available in a number
of UK-wide supermarkets. In 2014 we had a profitable exit from the
north Wales business when Bridges Ventures acquired a controlling
stake in the firm.
Wright’s Food Emporium – delicatessen and diner in
A £120,000 loan from Finance Wales helped
transform the historic Golden Grove Arms in Llanarthne into the new
home of Wright’s Food Emporium. The diner and delicatessen moved
from smaller premises in 2015 as their business grew. They were
also able to expand their range by buying in more stock for their
deli and shop.
At Finance Wales we can invest from £1000 up to £3million. We
offer debt and equity packages and can support a range of food and
drink businesses. If you think we could help your business please
get in touch by calling 0800 587 4140 or emailing firstname.lastname@example.org