Coldpress Foods announces partnership with Odexia
Coldpress Foods has secured a £2.3m investment following a partnership with investment specialists Odexia.
Launched in 2006, Coldpress Foods produces cold-pressured drinks, which provides the alternative to pasteurisation which can involved the loss of a large number of vitamins and minerals.
Marechale Capital, a joint venture partner with Odexia's Consumer Brand Fund, provided additional co-investment from its family-office and high net worth clients.
Coldpress founder Andrew Gibb said: "The welcome approach of Odexia and Marechale underpins the significant and sustainable success our vibrant drinks business has enjoyed both at home and abroad in recent months. With enviable growth and celebrated fine food custodians like Boots, Carrefour and Autogrill recently joining our ‘superior juice' cause; we feel now is the perfect moment to forge ahead, expand our sales and marketing function, accelerate our unrivalled innovation pipeline and open up other influential distribution channels both at home and abroad."
Coldpress' range includes smoothies, veggie juices, free-from almond drinks, fruit juice themed coconut waters and low-calorie soft drinks. The brand supplies to supermarkets, the on-trade, foodservice, hospitality, forecourts/vending, delis, coffee shops and health and beauty operations.
Cold-pasteurised Coldpress fruit juices from Closed Loop Foods UK >>
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