BusinessYUMSH SNACKS LANDS DEAL AS UK PRIME MINISTER STRENGTHENS TRADE TIES ON...

YUMSH SNACKS LANDS DEAL AS UK PRIME MINISTER STRENGTHENS TRADE TIES ON CANADA TRIP

Yumsh Snacks will soon be sending its premium Ten Acre Snacks to Canada after landing a deal with a Canadian wholesaler.

Ten Acre announced the contract, as the Prime Minister Theresa May met businesses and investors during a trip to strengthen trade ties with Canada.

Ten Acre Snacks produce award-winning hand-cooked crisps and popcorn, and will launch with new Canadian distributor, which focuses on natural and speciality products. They are sending their first shipment this month.

Based in Manchester UK, Ten Acre started exporting its products two years ago and they are now available across Europe, the Middle East, Asia and North America.

The UK’s Department for International Trade (DIT) has been working with Ten Acre and Yumsh Snacks to support their business development.

Prime Minister Theresa May said:

“It’s great news that Ten Acre have won this deal to supply their unique products throughout Western Canada.

“We know there’s a strong global demand for high-quality food and drink from the UK and I want to see more firms building links in lucrative markets such as Canada and the United States.

“I’ve been using my trip to further strengthen the partnership between our countries and show that there are great investment and trading opportunities available in the UK.”

Ten Acre products are British made and ‘Free From Plus’, meaning they are gluten, dairy and GMO-free, as well as vegan, halal and kosher certified.

Tony Goodman, CEO of Yumsh said:

“We’re delighted with this new distribution deal in Canada.

“Having achieved a tremendous response to initial trials, we expect to build sales to more than £200,000 a year and develop a loyal clientele across the region.

“Ten Acre is now sold in more than 45 countries across the world.”

The Prime Minister was in Ottawa on Monday 18th September, for talks with Prime Minister Justin Trudeau on how the UK and Canada can work towards further strengthening their ties to build the closest, freest trading relationship as the UK leaves the EU.

Theresa May also hosted a business round-table event with major Canadian investors into the UK.

The UK is already the second biggest destination for Canadian investment abroad, after only the US.

Our bilateral trade relationship is worth £15.2bn annually to both our economies, with £1.75bn Canadian money having been invested in the UK since March.

Foreign direct investments across a range of projects in the North West been created more than 6,500 new jobs in the last year. The investments have also safeguarded 3,178 jobs – more than double the previous year.

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