Services
Audit & Assurance
External, internal and joint venture audit services
Business Advisory
Management accounts, strategic planning, profit improvement, ESG
Corporate Finance
M&A advisory, selling a business, fundraising, valuations, due diligence
ESG
Baseline assessments, materiality assessments, carbon footprint and sustainability reporting
Hotel Accounting
Accounting function, automation, daily reconciliations and dashboards, accounts payable
Payroll & Employment
Payroll, global mobility, employee benefits, employment taxes
Private Clients & High Net Worth Individuals
Tax planning & compliance, tax residence and domicile, trust planning
Restructuring & Recovery
Business rescue, liquidations, administrations, insolvency, debt recovery
Tax
Corporate tax, customs duty, VAT, R&D, tax investigations, international tax
Virtual Finance
Bespoke service providing real-time information about your business performance
More from AAB
AAB PEOPLE
Full-service people consultancy – human resources, learning and development
AAB WEALTH
Financial planning, cash flow modelling, retirement planning
AAB Consulting
Business consultancy helping organisations with the challenge of change
Sectors
Business Services
Professional services, medical, recruitment and media
Construction & Property
Property developers, construction companies, housebuilders, landlords
Energy
Renewables, clean energy, energy producers, energy transition, exploration and production
Family Business
Specialist support for businesses owned/managed by families
Food & Drink
Food & drink producers, processors, importers, wholesalers and retailers
Industrial
Engineering, manufacturing, aerospace, automotive, shipping, distribution
Leisure, Retail and Hospitality
Fashion, entertainment, activity centres, hoteliers
Not For Profit
Charities, social housing, higher and further education institutions
Public Sector
Government, non-departmental public bodies, health boards, ALEOS
Technology
Software companies, tech start-ups, cybersecurity firms, and AI innovators.
About
AABout Us
Our story
Our Team
Meet the specialists
Careers
Join the AAB team
Diversity & Inclusion
Building a business where everyone feels they belong
Growing Sustainably - ESG
ESG – Our commitment to building a sustainable business
News
Latest news from across AAB Group
AABIE
AAB charitable initiative
AAB Wealth expands presence in Central Scotland with acquisition of Synergy Financial Planning
Insights
Blogs
Stay informed with cutting-edge news for business growth. Our experts offer industry insights and invaluable advice on accountancy and business strategies.
Case studies
Explore insightful case studies tailored to specific industries, offering invaluable lessons and strategies for success.
Webinars & Events
Engage with dynamic webinars and events tailored to your interests, offering valuable insights and networking opportunities.
ESG Diligence: The Key To Sustainable M&A Transactions
AAB / Blog / Specialist Food & Drink Expertise to Grow Your Business
BLOG22nd May 2019
As featured in the May/June 2019 issue of Insider Magazine, AAB is delighted to share details of our dedicated food and drink team’s knowledge, experience and recent experience.
Specialist Food & Drink Expertise to Grow Your Business
It is a challenging but also an exciting time for the food and drink industry with Scotland’s target to more than double the turnover in the food and drink sector to £30bn by 2030. This presents a wealth of opportunity for businesses to capitalise on an industry that is a key contributor to Scotland’s economy.
Anderson Anderson & Brown LLP (AAB), one of the UK’s leading independent firms of Chartered Accountants & Business Advisors, have long since built a strong reputation for working with and supporting businesses in this sector, but have seen an increase in activity following the appointment of their dedicated Food and Drink Team, headed up by Partner Derek Mair. This team brings together specialists across several service areas of the firm, all of whom have extensive knowledge in the food and drink sector and have the experience and resource to support any business from start-ups to established companies.
As part of their continued commitment to the sector, the AAB team are delighted to be sponsors of the Scotland Food & Drink Leadership Dinners. This programme provides another great opportunity to engage with the leaders of Scotland’s food and drink companies on topical issues and developments which enables AAB to support these businesses further.
The Team & Key Services
The comprehensive knowledge of and passion for the sector combined with the extensive range of services AAB provide allows the Food & Drink team to add value to businesses as they establish and face growth challenges in the market, with particular focus on assisting with:
In addition to the above, AAB’s SeeHearSpeakUp service line specialise in implementing effective whistleblowing solutions to businesses in a safe, secure and supportive environment to encourage whistle-blowers to speak up and be heard. This has been a particular growth area for the team as Food Safety Standards now states that all BRC accredited sites must have audits of records, systems and documentation for a confidential reporting system to enable staff to report concerns relating to product safety, integrity, quality and legality, following the publication of version 8 of the BRC Global Standards. The AAB team has experienced a significant increase in implementing confidential reporting systems which is now a requirement for all BRC accredited sites.
Other recent trends experienced by the team include the sustained period of growth and success in the Scottish Seafood sector and as a result the team have experienced an increase in M&A activity and investment from overseas players looking to establish a presence in Scotland. Established breweries have been increasingly requiring support across a number of areas including virtual finance, financial modelling and global payroll. While start-up distilleries, within the gin and whisky sector, have been looking for support with fundraising activity to continue to grow and develop their businesses. The team have also experienced an increase in international businesses looking to invest in Scotland food and drink companies, with a particular focus on whisky.
International Expertise Locally
AAB’s Food and Drink team work in partnership with businesses Scotland-wide, many of which operate internationally. Each sector within the Food and Drink industry requires its own approach, and the team are well equipped to assist in providing a tailored solution to assist all businesses, regardless of their size or stature, with their extensive experience and expertise.
AAB’s considerable in-house expertise is underpinned by tried and tested global networks. This, matched with the international interest in Scotland’s food and drink industry is a recipe for success. Whether it be locally, nationally, or indeed internationally, AAB can support clients through every stage of their lifecycle. In doing this, the firm aims to play its part in assisting food and drink businesses in continuing to grow and strengthen the Scottish economy.
AAB’s Food & Drink Team – Left to Right: Ricky Cowan, Lyn Calder, Derek Mair, Matthew Allan and Neil Dinnes
How AAB can help you with
Many businesses encounter challenges in implementing their strategies and generating traction. Our business advisory team provides effective tools for business owners at every stage of the lifecycle and approaches to overcome these obstacles. We offer guidance to help you achieve and maintain traction, while also ensuring accountability for you and your team. We can help you to understand your business performance and identify what you can do to improve profit and create time.
Related services