La Favorita’s first £200k investment is put to work

Author

UK Business Angels Association

13 May 2015

Backed by top private equity financier Jon Moulton and 44 investors so far the company’s expansion plans are on track, the first new store opened in Glasgow on schedule with strong sales. The first of two new La Favorita Delivered stores planned for Glasgow, Scotland’s biggest city, has already created around 30 jobs for the local area. La Favorita are now working toward closing the rest of their funding round to enable them to open the next store before taking significant institutional investment that will allow them to expand south into England, as per plan.

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