Ulster Bank Backs Food-to-go Firm’s Growth Plans
Warrenpoint-based food-to-go manufacturer Deli Lites, a Food NI member company, has announced plans for a multimillion-pound investment as part of its strategy to grow internationally, which has been backed by Ulster Bank.
Deli Lites is run by husband and wife team Brian and Jackie Reid and employs a team of almost 300 staff. Clients include the likes of Sainsbury’s, Tesco and Costa.
The company has switched banking partners, with Ulster Bank now providing additional funding facilities to accelerate growth over the next five years.
The business has earmarked a significant investment for the implementation of new technologies to maximise sales, as well as investment in research and development.
Managing director Brian Reid said: “Despite the challenges the sector faced in 2020, our retail business and export markets remained strong.
“As we invest in the future of the company, we aim to further develop our international business where we see significant opportunities. We are entering a very exciting period in our growth story and are ready to showcase what an Irish producer can do on the world stage.”
Caroline McKeown, senior relationship manager at Ulster Bank, added: “We are extremely pleased to support Deli Litesas it enters an exciting period of high growth.”
