Butcher’s Pet Care, a leading pet food manufacturer, has secured Â£43m in funding to support its expansion plans. The funding was provided by HSBC UK and will be used to invest in new production facilities, research and development, and marketing initiatives.
Butcher’s Pet Care has been producing high-quality pet food for over 30 years and has built a reputation for using only the finest ingredients. The company’s products are sold in over 50 countries worldwide and are popular with pet owners who want to provide their pets with the best possible nutrition.
The new funding will enable Butcher’s Pet Care to expand its production capacity and develop new products to meet the changing needs of pet owners. The company plans to invest in new state-of-the-art production facilities that will allow it to increase its output and improve the quality of its products.
In addition to investing in production facilities, Butcher’s Pet Care will also use the funding to support its research and development efforts. The company is committed to using the latest scientific research to develop new products that meet the specific nutritional needs of different types of pets.
Finally, the funding will be used to support Butcher’s Pet Care’s marketing initiatives. The company plans to increase its advertising and promotional activities to raise awareness of its products and build its brand.
Commenting on the funding, Butcher’s Pet Care CEO, Graham Baker, said: “We are delighted to have secured this funding from HSBC UK. It will enable us to invest in our production facilities, research and development, and marketing initiatives, and help us to continue to provide pet owners with the highest quality pet food.”
The pet food industry is a rapidly growing market, with pet owners increasingly looking for high-quality, nutritious food for their pets. With this new funding, Butcher’s Pet Care is well-positioned to take advantage of this trend and continue to grow its business.