Hilltop Food Group Names Tom Delaney To Newly Created Ceo Role

Credit: Hilltop Honey/Facebook

Honey business Hilltop Food Group has promoted Tom Delaney to nan caller domiciled of CEO arsenic nan UK patient targets a turnover of £100m ($136.9m).

Delaney moves up nan ranks from income head arsenic laminitis and managing head Scott Davies moves to nan domiciled of executive chairman, according to a connection coming (2 February) from nan Wales-headquartered company.

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Set up successful 2011, nan Hilltop Honey marque proprietor generated an yearly turnover of £44.1m successful 2024, an summation of 31% from nan erstwhile 12 months, records from Companies House show.

Operating profit flipped to £3.8m from £667,927, while nett income roseate to £2.5m versus £308,289 a twelvemonth earlier.

Delaney joined nan branded and private-label business successful 2024 and will lead nan “next shape of growth” arsenic Hilltop targets caller world markets, according to nan statement.

In erstwhile roles, he was commercialized head astatine Typhoo Tea and a buying head astatine Tesco. Typhoo emerged from management precocious successful 2024 erstwhile nan UK-based sports nutrition and vapes business Supreme snapped up nan assets.

As portion of a precocious launched five-year plan, Hilltop intends to turn its turnover from £50m past twelvemonth to scope £100m, a spokesperson confirmed, adding nan business will now run nether nan genitor personality of Hilltop Food Group.

The company’s gross is divided betwixt 40% branded income and nan remainder from backstage label, nan spokesperson said.

Delaney said today: “It’s a immense privilege to lead Hilltop Food Group astatine specified an breathtaking infinitesimal for nan business. Having worked intimately pinch Scott and nan team, I’ve seen first-hand nan spot of nan brand, nan eager maturation plans and nan passion for bringing great-tasting products to much households successful nan UK and beyond.

“Together, we’re focused connected unlocking nan adjacent section of maturation and doubling nan size of nan business, while staying existent to Hilltop’s roots arsenic a founder-led, values-driven company.”

Founder Davies said Delaney will bring “sharp strategical reasoning to nan business” arsenic Hilltop pursues its “growth journey”.

Speaking to this publication successful 2024, Davies said Hilltop was dabbling successful nan US market.

The institution spokesperson clarified coming nan US forms portion of its world description strategy but it remains UK-focused, adding Hilltop plans to move into caller categories specified arsenic peanut food and condiments.

Hilltop operates 2 manufacturing accommodation covering 150,000 quadrate ft successful total, some successful Newtown, Wales, nan spokesperson said.