Border Biscuits has indicated it wants to expand its market share of the UK baked goods sector and grow sales overseas via an investment in additional production capacity.
The Scottish company revealed it is adding a production line to its facility in Lanark.
Border produces 24 types of biscuits – including its best selling dark chocolate ginger line – and supplies the UK’s largest retail multiples. Border also sells into UK independents, wholesale and foodservice channels and is present in overseas markets. The group generated a turnover of GBP14.5m (US$21.1m) last fiscal year.
Mark Bruce, Border’s sales and marketing director in the UK, said the investment will “allow us to significantly expand our operations and grow UK and international sales.”
The investment was funded via a loan facility provided by Clydesdale Bank. Further details of the “seven figure” investment package were not disclosed and the company did not reveal how much capacity the new line will add.