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Drink is cherry on top for Clydesdale
Clydesdale Bank has pumped £600,000 into a juice drink company that aims to grow into a £100 million business.
London-based Cherrygood - which is run by entrepreneurs John Heseltine and Martin Hall - already sells its juice in Tesco, Sainsbury's, Asda and Morrisons.
Heseltine - who sold Lovejuice, a natural fruit juice retail chain, for 3.4m - came up with the idea for the venture while picking cherries in Michigan. The firm turned over 1.2m in its first year of business. The deal was brokered by Mark Laughlan and Paul Debney in the bank's London City office.
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Thursday 24 May 2012
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