Bawnbua Foods, a UK-based added-valued meat supplier that previously traded as Eurostock Foods, will invest a further £1 million (€1.18 million) in developing its business, following new contract wins valued at more than £10 million.
The new contracts include deals with supermarket chains, food manufacturers and specialist frozen food retailers, the company said.
Bawnbua Foods has invested around £2 million in its business over the past three years, and the further £1 million investment will create an additional 25 jobs for the company, which currently employs around 250 staff across its sites in County Armagh (Northern Ireland) and Wigan, Greater Manchester.
Ongoing Investment
"Our ongoing investment in our people and facilities has enabled us to respond to market demands and expand our portfolio to include a quality range of chilled, sous-vide and value-added meat products – which have been well received by our customers," said managing director Gary White.
“This latest investment announcement follows on from a £1m-plus investment in a Product Innovation Centre and specialised production equipment at our Lurgan (Northern Ireland) site in 2012, which has enabled us to become a leading supplier in the chilled meat sector. With plans to expand our talented product innovation team this year and new business wins already confirmed, we are excited about developing new ranges which meet and exceed our customers’ expectations, and growing the Bawnbua Foods business worldwide."
Turnover at the company has risen by about 30% since 2012, the company added, with 2017 set to be a 'record' year.
© 2017 European Supermarket Magazine – your source for the latest retail news. Article by Stephen Wynne-Jones. Click subscribe to sign up to ESM: The European Supermarket Magazine
