VBites, a UK plant-based food manufacturer owned by campaigner and food writer Heather Mills, is planning to expand after receiving a “seven-figure” funding package from bank HSBC UK.

The Brighton-based business is to site its third factory in Newcastle in England’s north east, from where Mills – the former wife of Beatle Sir Paul McCartney – originates.

VBites already has two production facilities in England, one at Corby, Northamptonshire, in the East Midlands and another in the north east at Peterlee, County Durham, based in a former Walker’s Crisps factory which it bought in May.

It expects its new Newcastle plant to create up to 300 jobs and said it is already seeking a fourth location to grow the business further.

The company said HSBC’s funding will also enable it to purchase new food manufacturing equipment, including high-performance mixing and blending equipment, slicing machine and a packaging line for new products including vegan pizzas and dairy-free cheeses.

Mills said: “The demand for vegan produce has increased by 900% in the last three years, meaning we needed assistance to help increase our productivity, which is where HSBC UK stepped in.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

HSBC UK area director Nick Hicks said: “VBites’ expansion will not only bring new jobs to the city of Newcastle but will also see global exporting opportunities increase for this fantastic UK based company. 

VBites produces a range of plant-based meals including fish-free Smoked Salmon Slices, dairy-free Pepperjack Cheezly and meat-free Maple Cured Rashers.

It exports to 24 countries and further expansion is planned in the US.