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Cover issue 15

Vegan Food Distribution Specialists Set to Expand

Bravura Foods are the leading specialists in vegan and vegetarian brand distribution, sales and marketing

The award-winning vegan and vegetarian food and drink distributors, founded in 2011 by Team GB athlete Lisa Gawthorne and business partner Karl Morris, are planning an ambitious growth of their business, thanks to funding support from HSBC UK.

Free From Fellows

With their diverse portfolio of European vegan brands including Panda Liquorice and Captain Kombucha as well as two of their own brands Peanut Hottie and Free From Fellows, they plan to expand and reach out to other appropriate vegan food companies.

A selection of Bravura Foods range

Recently, the meat-substitute brand LoveSeitan announced that they will be teaming up with Bravura Foods in a bid to increase their popularity in the UK retail market.

Karl Morris, co-owner of Bravura Foods and winner of the award for Innovation at the Insitute of Directors Awards 2019, commented: “Moving our banking over to HSBC UK and securing this funding means we’re able to grow the business faster as demand for our products increases. We are thrilled to have the support of the bank during this exciting time for the business and are confident we have secured the best finance facility to suit our fast growth strategy. Our Relationship Manager, Andrew Jones, has been incredibly helpful in making sure of this and we look forward to continuing our relationship with the team.”

Since their launch eight years ago, the company has grown significantly with a staff increase of 55 per cent since 2017 and turnover growth of 45 per cent in the past year. HSBC’s seven-figure finance package will help streamline Bravura’s operations process, which includes ensuring the company’s inventory and stock-flow is dealt with efficiently so the business can continue to grow.

Phil Sargeant, HSBC UK area director for South Wales Business Banking, commented: “The market for independent, vegan and vegetarian products is booming in the UK and around the world, so we are delighted to be supporting Bravura Foods as it continues its ambitious growth strategy. Karl and Lisa are both passionate about the business and we look forward to supporting them in their success in the years to come”

 

 

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