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St Ewe’s wins funding to build out new HQ

St Ewe Free Range Eggs, an award-winning Cornish free-range egg producer, has secured a multi-million finance package from HSBC UK to support the build of a new distribution centre, allowing the business to significantly increase production. The farm has used the HSBC UK finance package to build out a new 50,000 sq. ft. packing and distribution centre, as well as a head office, increasing processing capacity by over 100 per cent.

ST EWE FREE RANGE EGGS has secured funding to build out a relocated 50,000 sq ft egg packing and distribution centre and a new head office.

The expansion will allow it to increase packing capacity from one million eggs a week to 10 million and expand sales nationally.

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HSBC UK provided the finance for the Truro-based free-range egg producer packer, which supplies every major retailer in the South West of England.

Rebecca Tonks, chief executive of St Ewe Free Range Eggs, said: “It’s an extremely exciting time for St Ewe Free Range Eggs as we move into our brand-new offices and distribution centre, opening up opportunities to expand our business across the UK.

Priorities

“With family values at our heart and nutrition at our core, we dedicate ourselves to producing eggs while being mindful of our environmental impact and ensuring our hens’ and teams welfare is our number one business priority.

Ms Tonks added that the new site was closer to a main road than the original farm site, and meant that egg production and packing were now separated – critical given the risk of avian influenza.

The firm is also actively recruiting new producers, she said, from the south-west right up to mid-wales, where St Ewe’s employs a local haulier.

Martin Hanson, head of agriculture at HSBC UK Business Banking, added: “We’re delighted to support St Ewe Free Range Eggs expansion into new headquarters.

“It’s the perfect example of a business with family heritage that puts welfare first and gives back to the community, so we couldn’t be more excited to see it continue to expand.”