Convenience food manufacturer Around Noon has secured investment as part of its plan for growth in the UK and Ireland.
The company, which has sites in North London and Slough, in addition to its Newry headquarters, has taken on an investment from Whiterock. It said this would help it build on its existing growth trajectory and footprint.
Around Noon was founded by the Chambers family in Newry, and is a manufacturer of food-to-go products including sandwiches, wraps, salads, breakfast and hot deli options, snack pots and bakery items.
The manufacturer said it supplies more than four million products every month into sectors including convenience and supermarket retail, contract catering and events, travel, education, forecourt and coffee.
Belfast-based Whiterock has partnered with businesses seeking investment through its Growth Capital Fund. It said that by collaborating with management teams, Whiterock aims to provide growth capital that builds “sustainable enterprise value”.
Around Noon CEO Gareth Chambers commented: “We see huge growth opportunities in the UK and Ireland, and taking on equity backing will be incredibly helpful to us in being able to scale significantly. We are grateful to the Whiterock team for their support and expertise and believe they can play a very valuable role in the next phase of Around Noon and our growth.”
Paul Millar, CEO of Whiterock, stated: “Around Noon is an incredible story of Northern Ireland business success and a company that is truly respected in the food to go sector. We are extremely pleased to partner with Gareth and the team to help them realise their ambitions for further growth. Beyond capital, we provide strategic guidance, industry insight, and access to a wider network to support management teams through their next phase of growth and we are incredibly excited about what we believe Around Noon can achieve.”
