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Smooth ride for drinks company | Smooth ride for drinks company |
| Written by News Desk | |
| Wednesday, 23 January 2008 | |
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Innocent Drinks, the popular distributor of fruit smoothies established by three Cambridge graduates in 1998, has received a £32 million finance facility from the Bank of Scotland to fund the company’s expansion plans for the rest of Europe and the US.
Last month, the company launched in Austria following bright starts in Germany, Scandinavia and France. It has doubled in size in each of the past three years and now has a £115m annual turnover.
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