HSBC backs malt extracts firm’s expansion plans with £4.5m facilitiy

The deal has allowed PureMalt Products to invest in new equipment at its 800-year-old mill in Haddington.

The firm will now roast 6,000 tonnes of malt on site each year, providing a key ingredient in 1,400 branded product lines.

PureMalt has taken on four new staff, bringing the workforce total to 70.

The company already exports to more than 50 countries. Its products are used in the food industry, as well as the brewing and soft drink sectors.

Managing director Bruce Turner said: “It is a significant step for us to introduce roasting on site, and the state-of-the-art machinery will allow us to continue to supply Scottish ingredients of the highest quality to some of the largest brands in the world.”