Investment Amount: €3,000,000

Fund Invested: 2022

Reason for Investment: Expansion & development of new factory

Splitstone Limited is a hot and cold food preparation facility supplying lunches to primary schools across Ireland from its base in Nenagh, County Tipperary. Splitstone have recently opened their new factory which can support the company to meet additional demand seen with The Lunch Bag. The Lunch Bag offers children a variety of over 30 different meals to choose from, with ingredients sourced from Irish produce. HACCP Food Safety checks are conducted regularly to ensure meals are safe and hygienic. The Lunch Bag is 100% compliant in these checks.

Recent positive government announcements expanding the “Hot Schools Meal Programme” to all primary schools by the end of 2025 will provide strong trading tailwinds.