FDBusiness.com

Aston Manor Cider Business Could be Put Up For Sale

 Breaking News
  • Nestlé Inaugurates New Nescafé Dolce Gusto Production in Vietnam Nestlé has inaugurated a new Nescafé Dolce Gusto capsule production line in Dong Nai Province, Vietnam. The site will process an expected 2,500 tons of coffee per year (equivalent to 130 million capsules), using high quality coffee beans from Vietnam. This volume is expected to increase in the coming years. The investment reflects Nestlé’s clear focus on high-growth, [...]...
  • Pink Lemonade Yogurt? Arla Brings Indulgence to New Markets Arla Foods is to expand its successful Finnish brand, Ihana, into new markets with the premium yogurt range being launched in Denmark and the UK. Meaning ‘wonderful’ in Finnish, Ihana was launched through an extensive brand launch in 2016 in Finland with an iconic new design. Indulgence is one of the few areas in growth within [...]...
  • Process Components Announces Kemutec Expansion into Netherlands Process Components has announced the expansion of subsidiary company Kemutec in Europe, with the long-established manufacturing brand opening a new office in the Netherlands. The move forms a key part of its global strategy to extend its global territories, significantly grow its revenues and create new jobs. Kemutec has more than three decades’ worth of heritage in [...]...
  • Packaging Automation Supports the Reduction in Plastic Packaging Waste With the launch of the UK Plastics Pact to address the impact plastic waste is having on the environment, retailers and manufacturers are more conscious of single use and non-recyclable plastics and want to cater for the green consumer. The industry is turning to various kinds of eco-friendly packaging with the aim of reducing plastic [...]...
  • Glanbia Cheese Joint Venture to Build New €130 Million Mozzarella Cheese Facility Glanbia Cheese, the joint venture business between Glanbia plc and Leprino Foods, plans to build a new, world-class mozzarella cheese manufacturing facility in Portlaoise, County Laois, Ireland. A site for the new facility has been identified at the recently established Togher National Industrial Estate in Portlaoise. A total of €130 million will be invested in [...]...

Aston Manor Cider Business Could be Put Up For Sale

Aston Manor Cider Business Could be Put Up For Sale
May 19
09:22 2017

Aston Manor, the largest independently owned cider maker in the UK and the second largest manufacturer of cider in the country, has appointed investment bank Lazard to advise on the future direction of the business, which could result in a sale. Aston Manor is controlled by Doug Ellis, the former chairman of Aston Villa Football Club.

Established in 1983, Aston Manor has a production and packaging facility in Birmingham, orchards in Worcestershire and Herefordshire and a further production and packaging facility at Tiverton in Devon. Its product range spans from mainstream to premium ciders such as Malvern Oak and Malvern Gold through to organic cider. The company currently exports a range of ciders to more than 20 countries including America, Russia and a number of countries in Africa.

“As we look to future challenges and opportunities we are considering what options exist to bring additional investment into the business – and Lazard has been appointed to help us in this work,” explains Gordon Johncox, managing director of Aston Manor. A number of options will be considered and “there is no certainty that any action will result,” he adds. “It is true to say that we are focused on how we can continue to grow the business.”

In 2015, Aston Manor reported a drop in operating profit from £7.5 million to £5.8 million on turnover down from £123 million to £109 million.

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • September 5, 2018Int'l Food Products and Processing Technologies Exhibition (WorldFood Istanbul)
  • September 15, 2018iba
  • September 25, 2018PPMA Show 2018
  • September 27, 2018Int'l Fruit Show (eurofruit)
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements