Around Noon Accelerates Growth With Significant London Acquisition
Around Noon, the Northern Ireland-based food-to-go manufacturer, has expanded its presence within the UK. The Newry headquartered company, which already has a market-leading position on the island of Ireland, has acquired Chef in a Box, a premium sandwich and snack manufacturer with market-leading customers in the corporate sector.
The purchase from Donegal Investment Group will enable Around Noon to initially gain a strong foothold in Greater London and provide a platform for further UK expansion. The food-to-go market in the UK is estimated to be worth over £16 billion, driven in part by the rise of little-and-often shopping, and the popularity of coffee culture.
The deal will enable Around Noon, which has built a strong reputation for innovation, to access Chef in a Box’s manufacturing, sales and distribution infrastructure, as well as its high-end client-base, as it seeks to realise its growth ambitions.
Around Noon has been in business for more than 25 years and employs over 300 people. It supplies a broad range of high-quality sandwiches, wraps, salads and fruit pots under its Scribbles brand. It also markets bakery items from its in-house operation, Sweet Things, which it acquired last year, and cold pressed juices.
CAPTION:
Gareth Chambers (left), chief executive of Around Noon, and Howard Farquhar, chairman of Around Noon.
