Patchwork Pâté, a Welsh pâté manufacturer established in 1982, has secured £400,000 in funding from HSBC UK to expand its range of artisan pâtés and vegan dishes and install a new product development kitchen.
The business has used the cash injection to purchase the equipment needed to introduce vegetarian, vegan and reduced-calorie pâtés to its collection. Patchwork Pâté now introduced eight new products lines and expanded its retail market. £100,000 of the funding has also been used to upgrade the premises with a 1,000 sq ft state-of-the-art product development kitchen, where clients will be able to visit to see products being developed.
Patchwork Pâté’s managing director, Rufus Carter, said: “Our new product lines have enabled us to diversify as a business, open up new revenue streams and enter the retail market for the first time.”