Forrest Fresh Foods secures £1.2m funding

Date: 19/03/2019
Author: Forrest Fresh Foods
Company: Forrest Fresh Foods

Chamber member, Forrest Fresh Foods, is celebrating following the announcement that it has successfully secured £1.2 million of funding from the Barclays Northern Powerhouse Growth Fund and UK Export Finance, which will be used towards expanding the business.

With humble beginnings, Forrest Fresh Foods began as a fruit and vegetable wholesaler, supplying products to small businesses throughout the Rochdale area, and eventually began to include pallets of soft drinks within deliveries.

Very quickly the business moved to solely supply soft drinks, before including confectionery and became one of the UK’s largest independent wholesalers. Since then, Forrest’s product range has continued to expand, now stocking a vast variety of products including: soft drinks, confectionery, household goods, toiletries, pet care products, groceries, medical products and alcoholic beverages.

Alongside product expansion, Forrest also added to its delivery capabilities and service offering. A southern office was opened in 2016, allowing the business to reach a wide customer base within the UK, and in 2018 the Forrest team introduced their Export service, extending their delivery capabilities worldwide.

With an astounding turnover growth of 28% from 2017-18, reaching £36.7 million, 2019 is on target to reach £42 million turnover, 15% growth and employ over 50 people across the northern and southern offices, as well as countless customers globally, the future looks very bright for this Rochdale based business.

Chris Craven, Managing Director at Forrest, said of the funding: “We’ve been growing organically since we started out in 1996 and have worked alongside Barclays for many years. This new funding deal has enabled us to invest in new plant and distribution to support our rapid expansion plans. We’re thrilled that Barclays has been able to support us with very tailored funding solutions for our continued growth plans and to take the business to the next level of our trading ambitions.”

You can find out more about Forrest Fresh Foods, its products and services on their website - https://forrestfoods.com/