The family-run business, headquartered in Kirkcaldy, has led the way in delivering chilled foods for more than 60 years to customers all across Scotland, from independent sandwich bars and local convenience stores to government institutions and large store chains.

Thanks to the funding, Fife Creamery has constructed a state-of-the-art frozen cold store – with the capacity to fit up to 1,000 pallets – which has enabled the firm to expand into the frozen foods market and attract a new customer base.

With a team of more than 100 staff, Fife Creamery has already noted an increase in its turnover and hopes to grow its headcount by up to 50 over the next three years in response to growing customer demand.

The funding has also enabled the business to upgrade its refrigeration equipment and provided financial confidence throughout lockdown periods as business dipped due to ongoing closures of hospitality premises.

Graeme Simpson, managing director at Fife Creamery, said: “Since 1957, Fife Creamery has led the way in delivering high-quality goods to some of Scotland’s most-loved retailers and foodservice providers.

“We are proud to support businesses and institutions the length and breadth of Scotland, and the ability to now expand our services and portfolio to new and existing customers has been warmly welcomed, with our turnover projected to increase by 30% over the next six months.”

“Although the last 18 months have been challenging for obvious reasons, the funding and support from Royal Bank of Scotland provided us with financial security and we’re grateful to the team for always being on hand to give trusted advice.”

Ken Anderson, relationship director at RBS, added: “Graeme and his team are incredibly passionate about the firm, which is why they have built such a buoyant network of customers across Scotland. We’re really pleased to see Fife Creamery embark on a new chapter as it continues to provide a first-class service and look forward to continuing our relationship with the team.”