Plant-Ex Ingredients Secures £9M Investment to Drive International Expansion
Plant-Ex Ingredients, a UK producer of natural plant-derived flavours, colours, and extracts, has secured £9 million in funding from major investor BGF. The minority investment will help Plant-Ex to expand internationally, with a focus on the US market. The company established a division in Chicago earlier this year, and also has sites in Poland and Turkey. Within the last month, Plant-Ex has opened a new facility in Bristol with twice the capacity of its previous site; this should allow for further growth within the UK and internationally. The company’s products are already available in over 50 countries worldwide. Plant-Ex has also announced the appointment of Susan Barratt as non-executive chair. Barrett is highly experienced in the food and consumer goods industry, having previously held roles …