West Wales-based dairy business Totally Welsh is under new ownership. The Haverfordwest-based dairy venture has been acquired by Surrey-based dairy supplier group Freshways. The value of the deal has not been disclosed.
Totally Welsh, established in 1990, sources milk from farmers within a 40-mile radius of its bottling plant. Latest audited accounts show that in the year to the end of April 2023, the business grew revenues from £17.2m to £25.1m with pre-tax profit up from £223,000 to £530,000. It employs around 110.
Read More:Cardiff Parkway would have £5bn economic impact
Read More:Cardiff University spinout firm raises £5m
Freshways recently acquired of Milk & More from Müller. Totally Welsh Dairy’s recent investment in a new glass bottling line was to meet growing demand for sustainable packaging. The facility will be utilised to serve the doorstep customers supplied by Milk & More.
Managing director of Freshways, Bali Nijjar, said: “We are thrilled to welcome Totally Welsh Dairy into the Freshways family.
“Their commitment to quality and sustainability aligns perfectly with our values. This acquisition will allow us to better serve our customers with an expanded range of products while supporting local Welsh farmers.
” Additionally, the recent integration of Milk & More has strengthened our delivery capabilities, enabling us to meet the growing demand for convenient, sustainable dairy products.”
Mark Hunter, the former owner of Totally Welsh, who is remaining with the business as managing director, said“The sale to Freshways will ensure the future growth and development of Totally Welsh, creating new opportunities for the company and its dedicated work force.
“Under the guidance of Freshways, the Totally Welsh brand will grow to become the nationally recognised brand it deserves to be.”
This post was originally published on here
