Produced for more than a decade, The Alantra Food & Beverage Fast 50 ranks the UK’s fastest-growing privately-owned food and beverage businesses to celebrate the success of this crucial part of the economy.
Tracking the last two years of growth, the list offers a glimpse into how the most agile companies have been able to innovate, take advantage of fast-moving market trends, and show a consistent commitment to product quality and customer service.
With compound annual growth (CAGR) of 34.7% and revenue of £6.2m, The Lakes Distillery is the only whisky company in the top 20, and the only English whisky company on the list. Currently exploring additional funding opportunities, The Lakes’ £3.75m investment from Gresham House Asset Management in 2019 was cited by Alantra as showing how raising capital investment can drive ambition.
Nigel Mills, co-founder and CEO at The Lakes Distillery, said: “As part of our vision to create one of the world’s leading single malt whiskies, we are investing in trebling our distillation capacity to meet future demand. The market is global and we need to have the right quantity of aged stock to continue our growth.
“If you recognise an opportunity like this and have the best people in the world, you have to be ready to seize the initiative. We needed investment to build a business that is in the right shape to be as successful as we expect it to be.”
Press releases are generated outside of Spirited magazine and the information contained does not necessarily reflect the opinion of Spirited or its parent company, Sonoma Media Investments.
