All Things makes co-packer investment [Yahoo! Finance]
TESCO PLC S/ADR (TSCDY)
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Source: Yahoo! Finance
The financial terms of the transaction were not revealed. All Things told Just Food it had made "a significant investment" but was not the majority shareholder. In a statement today (28 April), All Things said the investment will “create a stronger platform for future innovation”. The funds will help Yester upgrade machinery and increase production. The investment "will double Yester's production capacity over the next 12 months", All Things said. Run by husband-and-wife team Simon and Jackie McCreery, Yester began producing cottage cheese for All Things in December. All Things described the investment as the first step in its “vertical integration strategy”. Toby Hopkinson, the co-founder of All Things, added: “This investment is about more than scaling production, it is about investing in the infrastructure, partnerships and supporting a family owned business that will help shape the future of the category.” Founded in 2023 by chef Thomas Straker and Hopkinson as All Th
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