Business

Around Noon listed among 50 fastest-growing privately owned UK food firms

Around Noon chief executive, Gareth Chambers (left) with company chairman, Howard Farquhar.

NEWRY-headquartered Around Noon has been listed as one of the top 50 fastest-growing privately owned food and beverage companies in the UK.

The manufacturer of food-to-go products – such as sandwiches, salads and wraps – has been included in the Food & Beverage Fast 50 report, produced by global advisory firm Alantra.

The report, now in its 12th year, ranks independent food and beverage businesses trading in the UK on the basis of the revenue growth they have achieved over the past two years, according to their most recently published accounts.

Around Noon is one of 12 companies to secure its place in the ranking for the third consecutive year.

The company's chief executive, Gareth Chambers, said: “We are a data and insight-driven business, responding to changing consumer behaviours and demands in the food-to-go space but always with an emphasis on premium quality ingredients and convenience.

“We have a strong commitment to product innovation and we are focussed on driving value and growth for our clients,” he added.

“Our growth and place amongst the UK's fastest-growing food and drink businesses is a direct result of the hard work of the entire Around Noon team who continually raise the bar and deliver outstanding products and services to our clients.”

Meal kits and home delivery company Gousto, which topped the list, recorded 89 per cent growth, followed by grocery home delivery company Smith & Brock, which recorded 72 per cent growth.

Simon Peacock from Alantra UK, said: “The pandemic has encouraged people to focus on their health and wellbeing, but they also crave indulgence and treats, or want to create that restaurant experience at home.

“Many of the businesses in the Alantra Food & Beverage Fast 50 have proved remarkably adept at meeting those needs.”

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