Deal in the can for fam­ily busi­ness

Belfast Telegraph - Business Telegraph - - News - BY STAFF RE­PORTER

A FAM­ILY-RUN food com­pany in Co Ar­magh has won new deals with su­per­mar­ket chains in­clud­ing Aldi af­ter ex­pand­ing its prod­uct range.

Dav­i­son Can­ners said it had also taken on 50 new staff, bring­ing its work­force to 60, as it brought pro­duc­tion of its foods — in­clud­ing a range of desserts — in-house.

Now it’s won deals with Booths in the north of Eng­land and Ger­man dis­counter Aldi in the UK and Repub­lic of Ire­land.

The Por­ta­d­own firm, which has a new £3.1m bank­ing deal with HSBC, is aim­ing to dou­ble turnover to £10m as a re­sult of its expansion.

As well as food man­u­fac­ture, the com­pany also grows fruit and pro­vides ware­hous­ing and stor­age space.

Two years ago the firm re­ceived fund­ing of £400,000 from HSBC which it spent on a new jam and sauce man­u­fac­tur­ing fa­cil­ity.

Joint man­ag­ing di­rec­tor Alan Dav­i­son said: “Our long re­la­tion­ship with HSBC has been in­te­gral to our steady growth and has en­abled us to re­alise our am­bi­tions in be­com­ing a di­verse sup­plier of qual­ity food prod­ucts and stor­age so­lu­tions to a wide cus­tomer base.

“Our or­chards com­ple­ment the food pro­duc­tion that is now on site, we have full con­trol over our prod­ucts and the abil­ity to in­no­vate fur­ther.

“It pro­vides us with a great op­por­tu­nity to add fur­ther value to our ini­tial prod­uct range of fruit com­potes, fill­ings, jams and sauces, giv­ing us com­plete con­trol of our prod­ucts from pri­mary pro­cess­ing through to mar­ket­ing and point of sale retailing.”

The com­pany said it also ex­pects to take on more staff in the run-up to Christ­mas. HSBC said it had dou­bled the firm’s work­ing cap­i­tal fa­cil­i­ties to £2.6m, and pro­vided £0.5m in term fund­ing.

From left, Alan Dav­i­son and Gra­ham Dav­i­son, man­ag­ing di­rec­tors of Dav­i­son Can­ners, with Chris Mc­quay and Lau­ren Hughes of HSBC

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