Tomato firm benefits from growth fund
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.