Cherrytree set for £1m expansion

Burnley-based Cherrytree Bakery is set to open a £1m extension, with its sights set on doubling turnover to £50m over the next three years.

The 12,000 sq ft building sits adjacent to its current headquarters and will house state-of-the-art facilities which will increase production capacity.

Cherrytree is hoping to start work on the refurbishment of its new building as soon as possible, with a view to bringing it online later this year. The plan is to make the facility as energy efficient as possible with the firm exploring carbon reduction options.

Over recent months the business has won a series of new contracts with major national retailers. Earlier this year it ran a major recruitment drive for 50 new staff after introducing a new weekend shift in order to meet growing demand. It will be recruiting again once the new facility is up and running.

Mark Beaumont, managing director at Cherrytree Bakery, said: "We are delighted to have completed the deal to buy the facility. It’s right next door to our existing bakery — so the location is perfect.

"The business has enjoyed a number of years of successful growth and demand continues to be high, so this is a logical step forward. We have ambitions to grow the business significantly and this expansion will give us the perfect platform.

“We have a strong order book, enjoy great client relationships, and have significant demand for our range. Companies work with us because they know that we produce exceptional products, and this is down to attention to detail and teamwork.”

Cherrytree was supported in the purchase by Barclays.