The Serious Sweet Company secures £3m for organic growth

Skipton Business Finance has provided a £3 million funding package to The Serious Sweet Company, a Yorkshire-based confectionery manufacturer. The capital is intended to provide working capital to support organic growth and investment strategies.

The manufacturer plans to use the funds to invest in new equipment, develop new products, and improve manufacturing efficiencies at its operations in Harrogate and Bridlington. The company, which produces items such as fudge, toffee, marshmallows, and nougat, aims to strengthen its presence in UK supermarkets and expand its existing export business, which currently serves markets including the US, Canada, Australia, Japan, Northern Europe, and the Middle East.

The Serious Sweet Company also owns the premium marshmallow brand Mallow & Marsh. The transaction was advised by Clarion Solicitors.