Glasgow-based food producer Aldomak has announced that it is set to boost sales by 50%, as it begins an expansion period of its product range supported by a re-branding campaign in the UK.
Claiming to focus on ethically sourced raw materials, the family-operated company aims to become a zero-carbon enterprise and will post results indicating a turnover of £1.2m this April. This is up on £1m from 2014-2015 and £750,000 the year before.
A manufacturer of fudge and macaroons, Aldomak is now estimating sales of £1.9m over the next year, following a number of contract wins and increased activity with existing clients.
Aldomak managing director Dario Riccomini said: "We have been working towards critical mass for some time and a lot of hard work is beginning to pay off as we anticipated.
"We have also strengthened the management team and we are investing in new systems and processes which will underpin a sustainable capability for further expansion."
Aldomak has been involved in the Scottish food industry since 1932. It initially wholesaled wafers and cones, as well as manufactured nougats and oysters for the Italian ice cream market.
The focus changed when former IT and systems specialist Dario Riccomini joined in 2001. He proceeded to reinvent the company as a contract food manufacturer, focusing on traditional Scottish confectionery and oat-based goods.
Aldomak currently supplies to major firms such as Stewart's and Highland Croft, and has recently increased and refocused its product range in Aldi.
Riccomini said the company was close to achieving British Retail Consortium accreditation, which will allow it to tender for a wider range of contracts and facilitate expansion into the wider UK market.
As part of its re-branding strategy, the firm will retain the Aldomak name, but introduce new brands to leverage opportunities outside its traditional Scottish customer base.
