Chocolate company secures £675k investment

Confectionery manufacturer The Grown Up Chocolate Company has secured a £675,000 investment from specialist bank Aldermore to support business growth.

The new finance facility will allow company to meet increasing customer demand during its busiest time of year, as it works to supply clients with Christmas stock.

The Grown Up Chocolate Company said the facility would help the company to pursue its aims for growth by increasing the reach of its sales teams.

Increasing the reach of its sales teams

Founder James Ecclestone said: “We’ve always had the philosophy that if you aren’t moving forward you’re moving backwards, and Aldermore have helped us to keep moving in the right direction.

“When we look to capitalise on the greater demand for our products during the festive season and look ahead to further expansion, I can’t see myself working with anyone other than Aldermore.”

Meanwhile, Cargill has opened a new solar power facility at its Cocoa and Chocolate site in Temo, Ghana, part of its global strategy of investing in environmentally friendly, renewable ways of generating power for industrial production.