Meat supplier Eurostock Food Group has secured more than £10m in new supply contracts and rebranded as Bawnbua Foods.
The supplier, which has manufacturing facilities in Lurgan, Northern Ireland and in Wigan, has invested £2m in expanding the business during the past three years. It plans to spend a further £1m in 2017 to support its “ongoing development”, which will also see it create 25 new jobs.
Investment in the business has seen Bawnbua diversify from producing mainly frozen meat products, to offering ready-to-cook meats, chilled slow cooked sous vide meats and chilled value-added meat products. Its new contracts will see Bawnbua supply own-label products to international supermarket chains, food manufacturing companies and frozen food retailers.
It credited this diversification and new product development as the reason for the supplier’s increased turnover, which has risen by about 30% since 2012.
“This latest investment announcement follows on from a £1m investment in a product innovation centre and specialised production equipment at our Lurgan site in 2012, which has enabled us to become a strong supplier in the chilled meat sector,” said managing director Gary White.
“With plans to expand our talented product innovation team this year and new business wins already confirmed, we are excited about developing new ranges which meet and exceed our customers’ expectations.”