Bakery rises to the occasion with expansion
Family business to grow thanks to funding package
Mr Mathea, a master baker who received classical training in stuttgart for 10 years, said: “We have seen growing interest in artisanal products for a while now and this recent investment will be instrumental in letting us cater to the increased demand.
“My plans for the future involve maintaining the traditional influence that inspires our products while exploring new opportunities, such as opening more retail units and expanding the wholesale section of the business.”
Jungs Bakery has been a customer of Clydesdale Bank for five years. The funding was delivered by Kevin Bishop, relationship manager at Clydesdale Bank’s Business and Private Banking Centres.
Mark Laughlan, head of Clydesdale Bank’s Business and Private Banking Centres in Reading and Oxford, said: “Richard has driven forward the growth of Jungs from its Bucks base and we are pleased to have supported his business. As economic conditions continue to improve, Clydesdale Bank remains focused on supporting the ambitions of businesses in the Thames Valley.”
Kevin Bishop (left) of Clydesdale Bank and Richard Mathea, managing director of