Metcalfe's Food Company
 | |
| Company type | Private |
|---|---|
| Industry | Retail |
| Founded | 2009 |
| Headquarters | London, England |
| Products | Snack foods |
| Website | http://www.metcalfesfood.com |
Metcalfe’s Food Company was a privately owned food business set up in 2009 by Julian Metcalfe, the founder of the sandwich chain Pret A Manger. Metcalfe’s Food Company had a turnover of £10 million and sells products under two brands, Metcalfe’s Skinny and Itsu Grocery.[1] The Metcalfe’s Skinny range was corn-based whilst the Grocery range was predominantly Asian inspired.
The business grew from £300,000 in turnover in 2010 to £10 Million in May 2014. The company was forecast[by whom?] to achieve a turnover of £50 Million by 2017.[2]
Awards
In December 2013, Metcalfe's Food Company were featured as one of ten ‘Ones to Watch’ in the Sunday Times Fast Track 100.[3]
In April 2014, Julian Metcalfe and Robert Jakobi were named as London & South finalists for the 2014 Ernst & Young Entrepreneur of the Year Award.[4]
In May 2014, Metcalfe’s Food Company were announced as one of the winners of The Santander Breakthrough 50 Awards. The awards celebrate the UK’s top 50 most exciting fast-growth companies.[5]
Split
In May 2015 it was announced that the company would be split into two different companies [6] Itsu Grocery, which would become a core part of the Itsu business also ran by Julian Metcalfe, and Metcalfes Skinny which would in September 2016 be purchased in full by Kettle Chips owner Snyders Lance. [7]
References
- ^ Jonathan Moules, "Itsu founder nurtures a new generation", "The Financial Times", 21 January 2014
- ^ Anna White, "Popcorn maker tastes explosive growth", "The Telegraph", 24 February 2014
- ^ "Fast Tracks Ones to Watch", "The Sunday Times", December 2013
- ^ "Dynamic London and South entrepreneurs create 24,000 jobs and turn over £4.6 million", 24 April 2014
- ^ "Metcalfe's Food Company | SMARTA | Breakthrough 50 Awards",
- ^ "FoodManufacture.co.uk - Metcalfe's Skinny and Itsu to form separate firms",
- ^ "Potatopro.com - Popcorn maker MetCalfe's Skinny Ltd now 100% owned by Snyder's Lance",
