Pictured (L-R) are Gareth Chambers, CEO, Around Noon with Howard Farquhar, Chairman, Around Noon and Grainne McVeigh, Director of Scaling, Invest NI.
Newry based firm, Around Noon ,producer of a wide range of ‘Food-to-Go’ products, has announced that it is investing over £7 million in a major expansion to develop sales in the Great Britain and ROI markets. The expansion will also see the company create 94 jobs.
Invest Northern Ireland is providing financial assistance for 54 of the new jobs, several of which are at director and manager level. It is also supporting market development activity and the implementation of a new production management system to drive efficiency improvements in the company and help the company to scale.
Around Noon, which this year celebrates 30 years in business, produces and distributes a range of ‘Food-to-Go’ and bakery products, targeting the upper-premium end of the market. Employing 328 people, it has facilities in Newry, Dublin and Slough.
Commenting on the investment, Gareth Chambers, CEO of Around Noon, said:“Our goal is to become the UK and Ireland’s leading manufacturer of premium ‘food on the move’. We are targeting markets in Great Britain and Republic of Ireland and aim to increase sales outside Northern Ireland by over £13 million per annum over the next couple of years.
The support from Invest NI will enable us to realise our growth plans and ensure that the Northern Ireland economy benefits.Gareth Chambers, Around Noon.
“We are investing in management, key staff and business development activities. The support from Invest NI will enable us to realise our growth plans and ensure that the Northern Ireland economy benefits.”
Around Noon sells its products under the Scribbles, Sweet Things and So Natural brands and also provides a bespoke design and packaging service for clients which want to sell under their own brand name.
Invest NI has offered £592,000 of assistance to the company.
Invest NI is keen to support companies with potential to scale, based on a focused export strategy.Grainne McVeigh, Invest NI.
Welcoming the investment, Grainne McVeigh, Invest NI’s Director of Scaling, said: “Invest NI is keen to support companies with potential to scale, based on a focused export strategy.
“Around Noon took part in our Leadership 4 Growth international transformation programme which has helped its management team develop the skills and strategies that will take the company to the next level.
“As well as supporting some of the jobs created by this investment, we are supporting the implementation of an integrated production management system to enable Around Noon to increase control over production yields, manufacturing processes and inventory.
“Around Noon has grown from a small family business to a company with a multi-million pound turnover and with this investment will be well placed to take advantage of further opportunities in the ‘food-to-go’ market within Great Britain and Ireland.”
Around Noon is one of the fastest-growing food companies in the UK and Ireland. It has appeared in the Sunday Times Virgin FastTrack 100 for the past two years. It was also listed as one of the top 10 fastest growing food and drink businesses in the UK and Ireland 2019 in the prestigious annual listing by Alantra and The Grocer.