FDBusiness.com

£6 Million Funding For Mindful Chef

 Breaking News

£6 Million Funding For Mindful Chef

£6 Million Funding For Mindful Chef
January 10
13:50 2019

Piper, the private equity firm, has invested £6 million in Mindful Chef, the UK’s favourite healthy recipe box brand. Mindful Chef was set up by childhood school friends Rob Grieg-Gran, Giles Humphries and Myles Hopper with a mission to make healthy eating easy. Since its launch in 2015 it has experienced rapid growth – including a 178% rise in sales in the past year – delivering nearly two million meals to UK consumers. Based in Wandsworth, London, the brand has annualised sales of £10 million and employs 27 people.

Piper’s £6 million investment will enable the business to continue to grow and expand its customer base in the UK, helping it capitalise on the rapid growth of the recipe box market which is forecast to double over the next 10 years.

Rory Gibbs, Piper’s investment director who led the deal, says: “Mindful Chef is well placed to continue accelerating the growth of the recipe box market with its highly differentiated health focused positioning. We are backing a young, dynamic team who are passionate about making healthy eating easier for their customers. We are excited to be joining them and helping them to realise their ambitions.”


Warning: count(): Parameter must be an array or an object that implements Countable in /home/fdbusiness/public_html/wp-content/themes/legatus-theme/includes/single/post-tags.php on line 5
Share

About Author

mike

mike

Related Articles

Food & Drink Business Conference & Exhibition 2016

Upcoming Events

[eventlist]

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here



Advertisements