Ice cream co scoops investment

0
822

A Looe-based ice cream manufacturer has secured significant investment to enable the founders to grow the business.

The investment in Treleavens Luxury Cornish Ice Cream comes from successful businessman Richard Rowse, who ran Rowse Honey from 1987 until its sale to a private equity group in 2006.

Rowse has invested an undisclosed amount in the company, taking the business from a partnership wholly owned by founders Andrew and Mandy Treleaven, to a limited company.

The investment will bring immediate benefits to the company, with Treleavens able to increase production space at its Looe premises by 50% and purchase new equipment.

Three new jobs will be created, bringing the total number of employees in the business to eight. The firm is currently recruiting a production supervisor and will shortly be looking to create a new administration post.

Eddie Lofthouse, a business associate of Rowse, has joined in the new role of general manager and will be overseeing the day to day running of the business and continue to provide customers with a high standard of service.

Founder Andrew Treleaven will continue to head operations, whilst his wife Mandy will be concentrating on developing new flavours.

Rowse said: “Treleavens has been established for 15 years and is historically a very profitable business with turnover trebling in the last ten years. They pride themselves on doing the ordinary extraordinarily well and have an extremely loyal customer base.

“We invested in the business because we liked the product and the handmade approach to creating high quality ice cream, and we will continue doing more of the same.”