We’re fast approaching the festivities, and the end of the year is as much a time for reflection as well as celebration – and we’ve certainly had an interesting year at Meadow Foods …
At the beginning of the year, we announced our acquisition of Wrexham-based edible dairy oils manufacturers Roil Foods. The acquisition was a further step towards fulfilling our strategic objective of growing the business organically. Throughout the year, we have been working on our Chester site in order to accommodate the new products this acquisition allowed us to produce, and we’re delighted to now produce Butter Ghee for our customers.
Later on in the year in August, we announced that we had attracted strategic investment from Exponent, one of the UK’s leading private equity firms. This allowed us to make significant capital investment in our manufacturing capabilities – such as expanding our Peterborough site from 2.5 to 5 acres and increasing capacity by more than 60% in order to meet the growing demand for our value-added fresh ingredients and develop new lines.
We also welcomed new faces to the Meadow Foods family – including Tony Hodge as the new Site Director for our Holme-on-Spalding Moor site. Tony joined us with 24 years’ experience in manufacturing and is a qualified Food Scientist. Tony was delighted to return to Yorkshire, having visited Holme-on-Spalding Moor as a child with his family!
One of the most exciting projects for us this year at Meadow Foods was our Young Farmers Programme, which was launched in October. Following a tough decision-making process from applicants, we chose a group of 17 talented and dedicated young people to join us at our Chester site for the first day of the 2-year initiative.
Our group met at our Chester head offices to meet our executive team and have a tour of the factory. We then led a discussion on milk prices and their influencing factors with dairy expert Stephen Bradley and finished up the day by discussing the objectives of the programme and what everyone wanted to achieve from it. The programme will further see on-the-job training and the opportunity to be sponsored for an on-farm or dairy industry related project, as well as an invite to feedback on the programme to help shape its future for more young farmers.
We’re looking forward to the upcoming year to see more of our young farmers; and we will be making Sustainability a large focus for the business – keep your eyes peeled for more news in 2019…