Tomato firm ben­e­fits from growth fund

Kentish Gazette Canterbury & District - - Front Page -

The UK’S largest tomato grower has re­ceived a ma­jor fi­nan­cial boost.

APS Group em­ploys more than 100 peo­ple at its 12.5 hectares site in Ash where it op­er­ates un­der the name A Pear­son Grow­ers.

From its glasshouses and a fur­ther 56 hectares across the UK, it pro­duces 500 mil­lion toma­toes a year.

Now it has re­ceived an undis­closed sum from the Busi­ness Growth Fund. It will use the money to build a new glasshouse to ex­tend ca­pac­ity at ex­ist­ing sites and in­vest in new tech­nol­ogy.

Busi­ness Growth Fund has £2.5 bil­lion to in­vest in grow­ing com­pa­nies and is backed by Bar­clays, HSBC, Lloyds, RBS and Stan­dard Char­tered.

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