Industrials & Engineering
North East Development Capital Fund
CRL Foods utilises bespoke new retort systems to sterilise and pasteurise food and drink that deliver significant quality benefits over current retort technologies through the ability to heat and cool products at market leading speeds. The business has successfully exploited this technological advantage to win substantial international sales of Ready to Drink (RTD) Cold Brew Coffee, Nitro Lattés, Mochas and Teas as well as Ready to Heat (RTH) stocks and sauces on sale in UK retailers.
The international food and drinks markets in which CRL Foods operates are boosted by continued consumer changes towards convenience and healthy living and the elimination of plastic packaging Consumer demand is also driving more products towards recyclable packaging and ambient storage due to the reductions in food and packaging waste that this provides.
The funding will allow the business to scale, increasing its production capacity and streamline efficiencies in order to service its growing list of international customers. The investment will also enable CRL Foods to expand its team, creating 7 new jobs in Newcastle.
We are building a secure future for applied food technologies in UK. Partnering with Maven will allow us to accelerate our plans and guarantee a great future for CRL Foods.
David Lambert, CEO of CRL Foods
Meet the lead executive(s)
Senior Investment Manager