Bradford food wholesaler cooks up expansion plans with premises acquisition

Eurobangla Foods Limited, the Bradford-based food wholesaler, has announced new expansion plans after purchasing premises with funding from Barclays.

The business, which was established in 2007 by brothers Rushan and Ashraf Ali, specialises in the wholesale of South Asian foods and supplies restaurants across West and North Yorkshire.

The funding from Barclays has assisted with the purchase of its previously rented headquarters at 2 Brearton Street, Bradford.

Rushan Ali, managing director of Eurobangla Foods Limited, said: “Starting our own business was a dream come true and it’s been rewarding to see the business grow and our customer base and our geographical reach expand.

“We have previously rented our business premises but with low interest rates we decided the time is right to invest for the future and expand the business. We’re now looking to develop the first floor of the premises which will double our storage and enable us to increase our product lines.

“It’s great that Barclays were able to help fund the premises which we will now own, securing the future of the business and taking us to the next phase of our growth plans.”

Eurobangla Foods Limited employs twenty people and hope to take on further staff once the refurbishments on the first floor is complete.

Turnover for the current year is expected to exceed £5m.

Nick Aldridge, Barclays relationship director, put together the funding package for the deal.

He said: “It’s been fantastic to work with Rushan and Ashraf and see this fast growing business flourish over the last few years.

“Owning their premises provides them with more flexibility and storage space to expand for the future and they provide a world class offering in this specialised trade to the local Bradford and Yorkshire community.”

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