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KTC Edibles announces multi-million pound investment in bakery business
Acquired in March 2023 as part of its ongoing expansion plans, the investment in Cardowan will see KTC double capacity at the Glasgow site and launch an expanded range of sustainable, speciality bakery fats.
KTC planned to support the expansion through the leveraging of its existing customer base to bring Cardowan products to a larger audience.
Investing in Cardowan’s potential
Commenting on the investment and its plans for Cardowan, KTC sales director Gary Lewis said: “The site has a strong reputation in the food industry, an amazing history in Glasgow, and a highly skilled team. Now, we are investing in its potential by expanding the premises, introducing new capabilities, and adding to the talented workforce.
"By combining heritage, expertise, and industry leading facilities, KTC aims to benefit customers across the bakery industry, offering bakery businesses and food manufacturers unparalleled choice, innovative solutions, and sustainable ingredients.”
KTC also revealed it had appointed Christopher Holland as the new general manager at the Glasgow site to oversee day-to-day operations.
Wealth of Food and drink experience
Holland brings a wealth of experience to role, having held a number of senior roles in food and drink businesses over his 24 years in the industry. Prior to joining Cardowan, Holland served as plant manager at Baladna Food Industries and served as production manager at Müller Milk & Ingredients Bellshill for more than nine years.
Established in 1930, Cardowan is a specialist margarine manufacturer that supplies more than 20,000 tonnes of product annually to manufacturers and wholesalers across the UK and internationally.
KTC’s takeover of Cardowan took the combined turnover of the Group to more than £550m and was described as the first of many acquisitions by owner Endless.
Meanwhile, Welsh drinks firm Mallows Bottling & Beverages has secured a £4m finance package from HSBC UK to support growth and create 40 new jobs.
