Family-run brewery invests in the future
A family-run brewery on the Yorkshire coast is investing in new brewing and bottling equipment as it targets further growth in export sales.
Wold Top Brewery, near Driffield, has received a £150,000 Business Loan from Finance Yorkshire, which will be split 50/50 between the brewery and its bottling operation, Agricola Bottling.
The Mellor family has farmed 600 acres on the Yorkshire Wolds for generations but diversified into beer more than a decade ago, when traditional revenue streams declined. Its award-winning beers, produced from a converted barn, include Wold Top Bitter and the award-winning Wold Gold.
Tom Mellor, Managing Director, runs the business with his wife Gill. Their daughter and son-in-law, Kate and Alex, also work in the business.
Around 15 per cent of Wold Top’s bottled ales are exported, with demand from beer lovers in Europe and Canada.
Tom said: “The new brewing equipment will enable us to produce almost the same amount of beer in one day as we currently do in a week. We will also be able to contract-brew beer for other brewers when they are at maximum production levels.
“There is a real demand for British beers, which are seen as premium brands overseas. We have complete traceability from grain to glass. We grow barley on the farm and our maltster is 10 miles away.”
The investment opportunity was introduced to Finance Yorkshire by Martin Overfield of Smailes Goldie accountants in Hull.
Finance Yorkshire Investment Manager Ian Atkinson said: “Wold Top Brewery has experienced an impressive first decade but it needed investment to keep up with demand for its beer and bottling services. The new equipment will transform production capacity as it targets further growth both in the UK and overseas.”
This was posted in Bdaily's Members' News section by Robert Beaumont .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.