Around Noon Ranks 12th in Alantra's Fast 50 with 65% Growth

Around Noon, a Newry-based food-to-go manufacturer, ranked 12th in Alantra's Food & Beverage Fast 50 report with 65% annual sales growth. The company's growth is driven by market knowledge and a recent acquisition, employing over 800 people across 6 facilities.

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Aqsa Younas Rana
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Around Noon Ranks 12th in Alantra's Fast 50 with 65% Growth

Around Noon Ranks 12th in Alantra's Fast 50 with 65% Growth

Around Noon, a Newry-based food-to-go manufacturer, has secured the 12th spot in Alantra's prestigious Food & Beverage Fast 50 report. The company, led by CEO Gareth Chambers, achieved an impressive 65% annual sales growth, making it the highest-ranked Northern Ireland-based business in the listing.

Why this matters: The recognition of Around Noon's growth highlights the resilience and strength of the UK's food and drink sector, which is a significant contributor to the country's economy. This achievement also underscores the importance of innovation and market knowledge in driving business growth and job creation.

This marks the second time Around Noon has made the list, having first appeared in 2019. The company's growth has been driven by its market knowledge and a recent acquisition. Around Noon currently employs over 800 people across 6 manufacturing facilities in Newry and London, producing over 4.4 million products each month.

Commenting on the achievement, Gareth Chambers stated, "Our business has grown from humble beginnings to become one of the largest producers of food-to-go on these islands... Our market knowledge is driving strong organic growth and we're seizing the moment to capitalize on the momentum of our most recent acquisition to really propel growth over the next few years." Charles Lanceley, Managing Director and Head of UK Food & Beverage at Alantra, congratulated the Around Noon team, saying, "They have built an outstanding business and their impressive performance has rightly earned them a high ranking in the Alantra Food & Beverage Fast 50."

Alantra's Food & Beverage Fast 50 report, published annually for over 15 years, ranks the UK's fastest-growing, privately-owned food and beverage businesses based on their revenue growth over the past two years, according to their most recently published accounts. The report highlights the strength and resilience of the UK's food and drink sector.

Around Noon's 65% annual sales growth and 12th place ranking in the 2024 Alantra Food & Beverage Fast 50 report underscore the company's strong performance and position as a leading food-to-go manufacturer in the UK. With its market knowledge, recent acquisition, and plans for further growth, Around Noon is poised to continue its impressive trajectory in the competitive food and beverage industry.

Key Takeaways

  • Around Noon, a Newry-based food-to-go firm, ranked 12th in Alantra's Food & Beverage Fast 50 report.
  • The company achieved 65% annual sales growth, making it the highest-ranked NI-based business.
  • Around Noon employs over 800 people across 6 manufacturing facilities in Newry and London.
  • The company produces over 4.4 million products each month, driven by market knowledge and a recent acquisition.
  • This is the second time Around Noon has made the list, having first appeared in 2019.