Servest Food Co secures £20m new business in 2017
Contract caterer Servest Food Co is celebrating securing £20m of new business in 2017.
Managing director John Hamill told The Caterer the company's catering and coffee brands Angel Hill Food Co and Groundhouse, both established towards the end of 2016, have driven growth.
He said: "The main reason for it is the development of our brand Angel Hill Food Co, which we launched in to the market last year as a culmination of our decision to bring some very talented people together and to really get the attention of the market and to get our potential customers to recognise the new kids on the block."
The creation of the Angel Hill Food Co brand has allowed the food arm of Servest, based in Suffolk, to distinguish itself from the wider service company and compete with the big names of contract catering, Hamill added.
Servest Food Co's clients include technology company Qinetiq and Dean Castle Country Park, in Scotland.
Hamill added: "I'm really proud of the fact that we are now winning those contracts, which are very sought after."
The catering arm's turnover was about £110m in 2017, about 20% growth year-on-year, and it aims to reach £200m turnover in two years through both acquisition and organic growth.
The company's results follow the acquisition of Catering Academy in 2016 and the development of its work in the education and healthcare sectors.
Hamill said the company will continue to pursue growth in 2018 and is looking to take its coffee brand Groundhouse to the high street.
He added: "We are extremely bullish about our growth potential over the next years."
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