Coombe Castle receives expansion funding

Monday, 18th March 2013

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Wiltshire cream and cheese exporter Coombe Castle has secured a £1m investment to support its growth.

The cash has been provided by Barclays through the Funding for Lending scheme.

The company has used the funding to acquire a 24,000 sq ft premises in Melksham to bring together its existing sites at Corsham and Calne.

Darren Larvin, managing director of Coombe Castle, said: “The new premises will allow us to meet our ambitious strategic business goals and we’re thrilled to have completed the transaction.”

Castle Coombe has 30 employees and has doubled its operating profit in recent years.

Martin Crook, relationship director at Barclays, added: “We continue to work closely with Coombe Castle and are fully supportive of the management’s expansion plans.

“There is an experienced management team in place with a great reputation in the marketplace, and in addition, a range of products which showcase British dairy products at their very best.”

The business was founded in 1980 and exports cheese, cream and butter to 40 countries.

 

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