Cawston Press, the leading British soft drinks company, have successfully raised £1 million in an equity fundraising round to support the continued expansion at home and worldwide. Existing shareholders, members of the Cawston Press team from the UK, Australia, and the US and a select number of private investors in the food and drink industry have all helped to reach that goal.
“Our team is made up of people who want to make better quality soft drinks the norm not the niche. When we initially considered undertaking a full external fundraising round, we quickly realised that there was sufficient appetite from within our own ‘Cawston Crowd’ of founder shareholders, the management team and close industry contacts to raise the necessary money ourselves. We are delighted that many of the wider team have chosen to participate and now become shareholders in the business,” said Steve Kearns, managing director of Cawston Press.
The fundraising will help the brand meet the requirements for the no added sugar sparkling recipes in the UK, as well as push for international distribution. The brand first launched in the US in 2017 and now, it is supporting the natural and speciality food market with a bigger local team and key trade marketing programmes. Later this summer, Cawston Press will also be launching its sparkling drinks in France.
Cawston Press is an award-winning, UK based, high-quality pressed juice drinks brand now available in 20 countries. Its sparkling drinks range has won The Sunday Times Export 100, The Grocer Fast Track Award, The Grocers New Product Award and the CaféLife Award. It’s pressed juice range has claimed the prestigious Great Taste Award several times. Cawston Press was also awarded CoolBrands® status in 2015, a barometer of Britain’s coolest brands.
The award-winning range uses the finest ingredients inspired by British kitchen gardens, which are picked at harvest time so they are brimming with flavour. Simple, clean and trusted ingredients, presented beautifully.