Aldi has pledged to spend an extra £3.5bn on British food and drink post Brexit (Picture: Getty)
Aldi has announced plans to buy £3.5bn worth of food and drink from British suppliers over the next five years.
The supermarket chain has said it will continue its rapid expansion in 2021, investing £500m in new and upgraded stores, distribution centres and its supply chain.
This is expected to create more than 4,000 jobs and will help boost British food and drink producers post-Brexit.
The chain has already announced plans to open 100 new stores in 2021 and has recently started trialing a click and collect service as part of a big investment drive in the UK.
Giles Hurley, Chief Executive Officer at Aldi UK, said: ‘We are expecting significant sales growth in 2021 as we open new stores and bring Aldi to more locations across the UK.
‘With the vast majority of our grocery products now coming from British suppliers, our growth will lead to additional jobs and investment in our UK supply chain.’
The supermarket cited its work with the Manchester Drinks Company as an example of the support it can provide for smaller producers.
The drinks-maker has been supplying Aldi with gins and gin liquors since 2015 and the partnership has allowed the brand to expand.
They have opened a new site in Yorkshire that employs 19 people and invested in a new production line in order to meet the growing demand from Aldi.
Small businesses are set to be given more opportunities to supply the supermarket giant (Picture: Getty)
Richard Benjamin, Co-Owner of the Manchester Drinks Company, said: ‘Our new contract with Aldi is a fantastic opportunity to showcase our flavoured gins and liqueurs to shoppers across the country, and will help to provide stability for our business in an uncertain climate.’
Aldi has also confirmed that the immediate payment terms for small suppliers it introduced at the start of the coronavirus pandemic will be extended until the end of 2021.
The supermarket will continue to process payments for suppliers with an annual turnover of less than £1m with Aldi as soon as they are submitted.
Aldi says the move will benefit more than 1,000 small British businesses in the supermarket’s supply chain.
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