Cheese supplier invests £1.2m in storage site

Cheese supplier Dairygold Food Ingredients has acquired an ambient storage site and office space in a deal worth £1.2m.

The new premises is located adjacent to Dairygold’s existing operation in Crewe, Cheshire and would play a vital role in the company’s future growth ambitions, said the company. The site comprises two offices – one covering 6,473ft2 and the other 7,575ft2.

Commenting on the acquisition, Chris Edge, head of Dairygold Food Ingredients UK & Europe, said: “Significant growth over recent years coupled with emerging new opportunities required us to review our existing footprint.”

“The availability of Regent House provides a perfect solution for us and will greatly assist our future ambitions.”

Multi-million pound investment

The acquisition marked the beginning of a multi-million pound investment plan that DFI has for both of its UK businesses. The acquisition was self-financed using existing funds.

Dairygold planned significant transformations at both its Crewe and Leeds sites, improving capacity and capability for its current operations and providing product diversification. Further planning applications for the Crewe and Leeds sites will be submitted in the coming weeks.

The producer planned to create new jobs in the future, but could not confirm a headcount at this stage.

Meanwhile, Portsmouth-based sauces and soups manufacturer Quattro Foods is to create 18 new jobs, following an investment of more than £300,000.