Crediton Dairy Blog

£12 million investment for Crediton Dairy

Jun 2, 2020 | News, Press Releases | 0 comments

Crediton Dairy has announced a major £12 million investment in 2019 in its flavoured and functional milk processing facility. The investment will see a significant expansion in Crediton’s processing capacity and capabilities in line with its strategic focus of being a recognised leader in the production of added value milk drinks.

The latest investment at the dairy will see the creation of a second, new production hall containing two new, high speed, fillers taking the number of filling lines at Crediton Dairy to seven. In addition to increasing processing capacity, importantly these will provide Crediton with greater flexibility to produce a wider range of innovative flavoured and functional milks utilising new production techniques and packaging formats.

Having invested £14 million since the MBO in 2013, Crediton Dairy has made significant progress in building its capability to produce high quality, added value flavoured and functional milk drinks. These include its branded Arctic iced coffee range, Moo flavoured milks and innovative functional milks such as Flora Pro Activ and Lactose free milk. The additional £12 million investment in a new production hall at Crediton will enable further growth and innovation including the development of a range of enriched functional milks.

Work on building the new production hall will commence in March and it is expected that the new facility will be completed by March 2021.

Commenting on the announcement, Tim Smiddy, Managing Director of Crediton Dairy said, “This latest investment at the dairy is fully in line with our strategy of becoming a leader in the fast growing flavoured and functional milk drinks segments of the market. The new production hall will increase our processing capacity, capability and flexibility and will allow us to develop further an exciting range of innovative branded and own-label products that meets growing consumer demand.”

Crediton Dairy is the UKs largest supplier of retailer own brand flavoured milk.

 

Source: Value Share of Own Label Flavoured Milk Kantar data 52 w/e 24 March 2020

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