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Brexit: protein beverage company warns of no-deal exodus



  Volac at Lampeter

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Volac

Caption

Volac manufactures protein drinks from dairy products in an expanding market

A protein beverage maker announces that it will consider its future in Wales if Brexit is introduced without a 40% agreement and export duties. Lampeter, Ceredigion.

It has five UK locations, but half of its exports go to the European Union.

Andy Richardson, senior officer of the company, said the company had made extensive preparations for Brexit, but considered all options.

"What worries me very much is the situation we can not compete in. You will find that companies are relocating their manufacturing capacity abroad, and people moving goods destined for export to the EU simply go to the EU ", he said.

"This concerns me a lot, whether it's Volac or another grocery and beverage business, which is certainly one of the options we're considering."

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Keith Morris

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Volac has a production facility in Felinfach near Lampeter

The family-owned company produces half of the whey protein produced in the UK, with 60% being exported and half going to the European Union.

Richardson is also chairman of the Food and Drinks Wales Industry Board and said he was particularly concerned about small businesses, not only because of increased administrative burdens but also because of the impact of tariffs.

are not as well prepared as they could be ̵

1; the simple reason is that they do not know what they are preparing for, "he said.

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Mike Smith believes that there may be more opportunities for Cheese from the UK gives

The Pelcome Farm near Camrose, outside Haverfordwest, Pembrokeshire, is in Mike Smith's family since his grandfather bought it at the beginning of World War II.

Her herd of 400 cows comes from the six originally purchased in the late 1930s.

Mr. Smith is part of First Milk, the local farmer's cooperative. Cheddar cheese is made from the milk of his herd – and the whey by-product is sold to Volac for its milk protein drinks.

& # 39; Opportunities & # 39;

The extra money from the sale of the whey helps the ever-volatile dairy business.

But the economics of exporting cheddar cheese and whey protein could change significantly depending on whether or not there is a Brexit deal – and if there is a deal, what that means.

"There are so many variables that we focus only on what we can control," said Mr. Smith.

"Everyone works their own business needs to know, it's important to simply end it.

" For me, there are as many possibilities as there are threats.

Minister for Rural Affairs, Lesley Griffiths and In a joint letter, Richardson called on food and beverage companies to plan Brexit in every way.

Challenges and changes could include access to raw materials, regulations, currency movements The food industry in Wales – from farmers to supermarket suppliers to restaurants – has grown significantly in recent years.

It employs nearly a quarter of a million people, making it one of the most important sectors.

Ms. Griffiths said: "It is important that they are aware that they can be affected, whether or not they are dealing with the EU, as there are likely to be a variety of problems, some of them may not have been expected to deal with it.

Caption [19659005] Syren Shellfish has a network of 50 local captives on the south and central coast of Wales

Nerys Edwards operates Syren Shellfish, a Pembrokeshire-based seafood company that buys live products from 50 catchers.

She believes that they are now as ready as they can be.

They are very, very time critical, "she said.

" I have hired another employee to enter the information from a remote office, which I can not do when I land on the quay in the pouring rain and try to make figures, classify fish and get them loading. "

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The UK Government said it is helping companies prepare for Brexit and the opportunities to do so Benefit Leaving the EU "top priority."

A spokesperson added, "We have announced £ 108m of funding to help companies prepare."
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