Business
Funding package to help West Wales Bacon Supplies
HUSBAND AND WIFE, Chris and Kim Isaac have bought into an established meat packaging and distribution company based in Cross Hands. The Isaacs have bought West Wales Bacon Supplies from its former owner, funding the purchase using their own savings and a six figure loan from Finance Wales. Former owner and local businessman, John Davies set up the company 28 years ago and today its loyal team of 10 supplies around 250 local customers throughout South and West Wales.
Now, having taken over at the company, new Managing Director Chris Isaac is excited about moving the business forward: “Kim and I have always wanted to run our own business and taking on a wellestablished business like West Wales Bacon Supplies is the right option for us. It’s known for its high-quality products and the personal service of its loyal staff and we’re keen to build on what John and his team have achieved.
“With my logistics background, I’m confident we can improve our customer services and generate savings by improving our distribution. We’ll then be able to plough these savings into expanding our premium range. Finance Wales’ funding and local support has meant a smooth transition for the company and its employees and allowed us to fulfil a life-long ambition,” Chris explained. Established in 1986, West Wales Bacon Supplies slices, weighs and vacuum-packs bacon and cooked meats, supplying cafes, hotels, pubs and shops across South and West Wales.
The company’s fleet of delivery vans are a familiar sight on local roads and its customers value the service it provides as well as the range and quality of meat products it supplies. Mr and Mrs Isaac were alerted to the opportunity to buy the company soon after Mr Davies put the business up for sale earlier this year following his decision to retire.
After deciding to take the business on the couple approached Finance Wales who help Welsh businesses secure succession funding. Tony Dowrick, an Investment Executive based at Finance Wales’ local office in Dafen structured the succession investment. Tony said: “Finding new owners for West Wales Bacon Supplies was crucial as it’s an established local business employing 10 staff with a loyal customer base in a close-knit community. Chris and Kim wanted to run their own business, but starting up a business wasn’t the right fit for them.
“Finance Wales’ loan has helped an aspiring couple achieve a long-held ambition while also safeguarding 10 jobs and protecting existing local supplier relationships. The Isaacs have the drive to breathe new life into the business and take it to new heights.” Since taking over the company at the end of Septmeber the couple have already achieved a 10% rise in profits for October and November and are now looking forward to a potential recruitment drive planned for early this year.
West Wales Bacon Supplies is one of Finance Wales’ latest succession investments. It has invested over £29 million to enable ambitious management teams to take over at 94 established Welsh companies and these businesses have created and safeguarded over 1,100 jobs in Wales. Chris Griffiths, New Investments Fund Manager at Finance Wales specialises in succession investments and he believes that acquiring an established business is an attractive option: “Finance Wales is eager to back more management buy-ins and buy-outs of established Welsh SMEs.
They’re important to the future prosperity of the Welsh economy but many Welsh managers are often unaware of the funding options open to them to help them own their own business. We can tailor our funding to suit individual managers’ and management teams’ needs. Finance Wales’ investment in West Wales Bacon Supplies came from the £40 million
Business
Wolfscastle Country Hotel crowned Wales’ best boutique wedding venue
THE Wolfscastle Country Hotel and Spa has been named Wales’ Best Boutique Wedding Venue for 2024 at the prestigious Welsh National Wedding Awards.
The ceremony, held on Sunday (Nov 10) at Swansea’s Brangwyn Hall, welcomed more than 600 guests for its 13th annual celebration. Thousands of votes were cast by brides, grooms, and supporters to determine the winners from over 300 shortlisted nominees.
Double victory
The Wolfscastle Country Hotel and Spa not only won the regional title for west Wales but also secured the national accolade for the second time in three years.
Known for its glamorous reception spaces and elegant ceremony room, the hotel offers a comprehensive bridal package. This includes wedding accommodation and a private spa experience featuring a hot tub, sauna, and various treatments.
Celebrating success
Taking to social media, the hotel expressed gratitude to its guests and staff for their role in achieving this prestigious honour.
Hotel owner Andy Stirling said:
“We’re very proud to have been nominated and voted winners in both our local and national categories.
“I have the pleasure of seeing how tirelessly Lowri, and my wife Mandy Stirling, our wedding coordinators, work on every wedding to tailor the experience to suit the couples we have joining us.
“We pride ourselves on offering exquisite in-house catering provided by head chef Seb, head pastry chef Adama, and our excellent kitchen team, backed up by first-class table service from our highly experienced waiting staff.
“I am overwhelmingly grateful for the support of our guests and couples who have wedded with us in helping achieve this award.
“I know that myself and the team all look forward to hosting many more phenomenal weddings in the future.”
Welsh National Wedding Awards
The awards celebrate the best wedding venues and services across Wales, with attendees from all regions of the country.
Business
Upgrades completed at Port of Milford Haven’s simulator suite
UPGRADES have been completed to state-of-the-art equipment within the Port of Milford Haven’s navigation simulator suite at Milford Waterfront enabling marine professionals to receive bespoke specialist training. The virtual reality simulation system can safely replicate a range of scenarios that seafarers may experience in real world situations such as extreme weather conditions, emergency situations and escort tug work.
The upgrades provided by Netherlands-based company MARIN contain the latest hardware in terms of processing power and graphics, as well as upgrades to MARIN’s ‘Dolphin’ software, increasing the capability to create scenarios. These are complemented with new 4k visuals on 75” screens which increase the depth and field of vision, adding to the realism.
Recently, a training day was led by Training Pilot Captain Mark Johnson, assisted by ex-Pilot Andy Hillier, involving members of the Svitzer team as well as Pilots Matt Roberts and Ian Coombes. As part of the scenario, they were faced with a loss of engine power and steering along with worsening weather and sea conditions. The Pilots had to communicate with Svitzer in order to successfully instruct them on how to tow and direct a drifting tanker. While scenarios like these are uncommon within port operations, it is important to rehearse procedures that would be implemented if they are required and enhances participants’ skill sets.
Marine Pilot and Simulator Instructor, Captain Ewan McNicoll, said “This simulator suite has future proofed our training capabilities, both internally for Pilots and marine staff, but also externally for clients wishing to use the facility, be it for training purposes or research and development. We can create any type of scenario with any type of ship, ranging from practicing ship handling manoeuvres to emergency situations, it really is game changing! Working with our partners at MARIN has been a complete success and I am very proud of our new facility.”
For more information about training at the navigation simulation suite please contact the Port of Milford Haven at [email protected] or 01646 696100.
Business
Thousands of homes in rural Wales gain from faster 4G boost
RURAL Wales is seeing a major upgrade in mobile connectivity, with faster 4G now live in several areas. Seven locations across North, South West, and West Wales are benefitting from new 4G mast upgrades funded by the UK Government’s Shared Rural Network (SRN), aimed at closing the digital gap between rural and urban areas.
The upgrades, which went live on Thursday (Nov 14), bring improved 4G coverage to communities including Bontddu, Llanelltyd, Llanarmon Dyffryn Ceiriog, Penmaenpool, Tabor, Snowdonia National Park, and Bontgoch. Local businesses, emergency services, and residents are expected to benefit from faster internet access, which supports daily communication, business opportunities, and economic growth.
Technology Secretary Peter Kyle said: “Fast, reliable connectivity is essential for modern life and should be available from Cardiff to the remotest parts of Wales. Today’s upgrades bring us closer to making this a reality.”
SUPPORTING DIGITAL INCLUSION
As part of the rollout, Peter Kyle and Telecoms Minister Sir Chris Bryant visited Ebbw Vale to discuss digital inclusion with charity and industry leaders. They met with representatives at BGfm, a digital inclusion hub in Blaenau Gwent, to learn about how connectivity impacts daily life in Welsh communities.
Telecoms Minister Bryant said: “We are working tirelessly to make sure rural communities aren’t left behind online.
“These upgrades mean businesses can now operate without connectivity limitations, 999 services are better equipped to respond, and residents and tourists can stay connected across the Welsh countryside.”
ADDRESSING CONNECTIVITY GAPS
An estimated 1.5 million homes across the UK remain without internet access, limiting people’s ability to access essential services such as banking and healthcare. In addition to the SRN upgrades, the Chancellor has allocated over £500 million in next year’s budget for digital infrastructure expansion, targeting these underserved areas.
Welsh Secretary Jo Stevens highlighted the importance of this investment, particularly for rural Wales, where fast, reliable internet can be transformative.
“Connectivity is critical for day-to-day life in rural areas – from supporting local businesses to ensuring emergency services are just a call away,” Stevens said.
The upgraded masts, previously limited to EE customers and emergency 999 calls, now serve a wider user base, bringing essential internet access to more people without requiring new infrastructure.
Ben Roome, CEO of Digital Mobile Spectrum Limited, said: “With the activation of five new SRN sites, Wales is seeing the tangible benefits of the Shared Rural Network, bringing crucial connectivity to rural communities.”
GOVERNMENT INVESTMENT IN REMOTE WALES
The improvements come alongside a £170 million agreement with Openreach to provide gigabit-capable broadband to 70,000 remote Welsh properties, helping future-proof digital access in even the most isolated locations.
The latest upgrades mark another step in the Government’s mission to improve mobile coverage and close the connectivity gap across Wales, creating opportunities and supporting economic growth across rural communities.
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