Kingsland Drinks Group secures £65m
Manchester-based Kingsland Drinks Group has landed a funding package of £65 million (US$88.1m) from Barclays to facilitate its future growth.
The group is an employee-owned drinks specialist that provides solutions across contract bottling and canning, product development, and sourcing and procurement to major UK retailers and drinks brands.
Kingsland’s core business lies in supplying branded and own‑label wines, but in recent years the group has strengthened its spirits portfolio and expanded its focus on low-and no-alcohol.
The funding will allow Kingsland to continue its ambitious growth journey following its move to employee ownership in 2021, and unlock new opportunities for future investment.
Sarah Baldwin, managing director at Kingsland Drinks, said: “The past few years have seen some challenging times for Kingsland – we are now moving into a phase of evolving the core business and securing long-term development opportunities.
“This funding will help to secure an exciting future for the business as a pioneering force in the drinks industry.”
Baldwin replaced Ed Baker, who left the business in July 2024 to pursue a new leadership role outside of the drinks sector.
Fiona Parkes, relationship director at Barclays Corporate, said: “We are pleased to support Kingsland with a £65m asset-based lending facility that provides enhanced working capital flexibility and supports the company’s ongoing growth plans.
“As an employee‑owned organisation entering its next phase of development, Kingsland represents a strong new client relationship for Barclays, and we look forward to supporting the business going forward.”
RSM UK advised Kingsland Drinks on the funding package.
Ashley Suter, head of debt advisory in the Northwest and Wales at RSM UK, added: “Kingsland Drinks Group has built a solid national reputation as an industry-leading drinks specialist. We are thrilled to have supported the team with securing a funding package that will facilitate the business’ future growth and innovation.”
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