Clearspring cooks up global expansion plans with Santander funding
Established in 1993, Clearspring is an independent, family-owned company that sells authentic Japanese and organic fine foods. Headquartered in London the company sources its products from 18 countries worldwide, including Japan, and has customers in more than 60 countries. Clearspring sells its products through its website and via major retailers including Waitrose, Wholefoods and Ocado.
Clearspring has a strong focus on supporting sustainable agriculture, with a mission to provide easy access to quality organic food. Clearspring has more than 280 plant-based products which are primarily organic.
We’re at an exciting stage, expanding our customer base both in the UK and worldwide. Santander recognised our passion, vision and the strength of our business mission. The move has provided us with financial support that enables us to accelerate our growth, particularly in international markets, where they have strong expertise. With their backing, we can focus on what we do best.
CEO, Clearspring Limited
The combination of an increase in people cooking at home during the pandemic and a growing demand from consumers for sustainable and healthy food, has proved a recipe for success.
Its turnover increased by 25% year-on-year in 2020, with monthly sales via the website quadrupling.
The funding from Santander will support Clearspring’s high growth strategy, enabling it to expand in new and existing international markets.
We’re delighted to have become Clearspring’s bank of choice, supporting the next phase of its growth strategy. Our international support solutions and bespoke package of trade, currency and invoice finance facilities will help Clearspring expand into existing and new global markets. The business has a fantastic ethos of delivering ethical and organic products and we look forward to working together to deliver sustainable growth globally.
Relationship Director, Santander