CRL Foods Secures £1 Million Investment Boost from NPIF II and Maven
Deal News | Feb 17, 2025 | Maven Capital Partners
CRL Foods, a company specializing in food and beverage canning, has received a £1 million investment from NPIF II - Maven Equity Finance, managed by Maven Capital Partners. This funding forms part of the Northern Powerhouse Investment Fund II, which aims to stimulate economic growth in Northern England by supporting innovative and sustainable local businesses. Since Maven's initial investment in CRL in 2021 and 2022, the company has expanded its team and upgraded its equipment to enhance production capabilities. The latest funding will allow CRL to further scale operations, fulfilling increased demand driven by sustainability and convenience trends. The company provides technologically advanced, environmentally conscious contract manufacturing solutions and proudly supports major retailers and food-to-go brands.
Sectors
- Food and Beverage Manufacturing
- Private Equity and Venture Capital
- Sustainability and Environment
Geography
- United Kingdom – CRL Foods is a UK-based company, and NPIF II - Maven Equity Finance focuses on investments in the North of England, supporting regional economic growth.
- North of England – The Northern Powerhouse Investment Fund II, managed by Maven, is targeted at supporting businesses across Northern England.
Industry
- Food and Beverage Manufacturing – CRL Foods operates in the food and beverage sector, specifically focusing on canning and ready-to-drink beverages with pioneering thermal processing technology.
- Private Equity and Venture Capital – Maven Capital Partners, managing NPIF II - Maven Equity Finance, represents the investment component, providing growth capital funding to CRL Foods.
- Sustainability and Environment – CRL Foods emphasizes sustainability with its innovative production methods and environmentally friendly packaging solutions.
Financials
- £1 million – The amount invested by NPIF II - Maven Equity Finance in CRL Foods.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| CRL Foods | Target Company | Company | A specialist food and beverage canning business using innovative thermal processing technology. |
| Maven Capital Partners | Private Equity | Company | Investment firm managing NPIF II - Maven Equity Finance, providing funding to CRL Foods. |
| NPIF II - Maven Equity Finance | Investor | Company | Part of the Northern Powerhouse Investment Fund II, managed by Maven, focusing on supporting regional businesses. |
| British Business Bank | Government | Government | The governmental body supporting the Nations and Regions Investment Funds, including NPIF II. |
| Northern Powerhouse Investment Fund II (NPIF II) | Investor | Company | A fund covering the North of England, aimed at boosting growth, innovation, and finance access for SMEs. |