Access to investment on the menu at food and drink event

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Malcolm Offord
Malcolm Offord

Accountancy and business advisory firm Johnston Carmichael is serving up another helping of an event designed to help Scottish food and drink businesses source investment.

The firm’s second ‘Meet the Food & Drink Investor’ is being held on Thursday October 11 at the Penthouse of The Edinburgh Grand, a new and highly acclaimed five-star venue in the heart of the capital. The occasion, which follows a similar event in London, will bring together food and drink business seeking financial support with high net worth individuals keen to learn more about the sector.

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As part of the evening, guests will hear from Malcolm Offord. The founder and chairman of investment firm Badenoch & Co will explain how private capital can help food & drink companies to achieve growth.

Established in 2014, Badenoch & Co specialises in supporting Scottish based businesses with strong export potential. Its investments include Borders Distillery, the first whisky distillery to exist and operate in the Scottish Borders since 1837.

Borders Distillery will host a tasting of its whisky and its new William Kerr’s Borders Gin at the event.

Adam Hardie, Head of Food and Drink at Johnston Carmichael said: “This is an excellent opportunity for Scottish food and drink companies to meet and talk with prospective investors in the industry in an exclusive setting.

“I’d therefore urge any businesses who are actively seeking growth funding, as well as investors who are interested in opportunities in this exciting sector, to get in touch with us.”

The Scottish food and drink industry has ambitious plans to double the size of the sector to £30bn by 2030. Food and drink has been Scotland’s best performing sector in recent years, with record export figures of £6bn achieved in 2017.

The focus of the 2030 strategy is to build on Scotland’s worldwide reputation as a land of food and drink, but it also aims to make it easier for food and drink businesses to access support. Despite the sector’s success, many producers seeking to grow find it challenging to obtain the necessary funding.

Johnston Carmichael has extensive experience in advising food and drink companies of all sizes including many of Scotland’s most successful privately-owned companies. The firm regularly uses its network to make introductions with other business leaders and investors in order to help their clients achieve strategic growth.

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