Crossip secures investment from Anglia Capital Group and New Anglia Capital to support expansion plans.
The Suffolk drinks producer has raised capital to scale its non-alcoholic spirits business.
Crossip produces a range of botanical non-alcoholic spirits created by cocktail expert Carl Anthony Brown. The Suffolk-based brand distributes its products internationally across 13 countries.
Suffolk-based non-alcoholic drinks producer Crossip has secured investment from Anglia Capital Group and New Anglia Capital. The funding will support the company as it executes its regional and international expansion plans.
The business has recently gained industry recognition, securing multiple Great Taste Awards for its range of non-alcoholic spirits including Fresh Citrus, Pure Hibiscus, Dandy Smoke and Rich Berry. The company currently distributes its products across 13 countries, maintaining a strong footprint in the Middle East.
With changing consumer habits showing that a growing proportion of hospitality visits are alcohol-free, Crossip aims to capture further market share in the premium beverage sector.
Investor perspective
"Anglia Capital Group is excited to invest in Crossip, a company that is reshaping the landscape of non-alcoholic spirits. Crossip have shown a dedication to quality and innovation and we’re excited to be part of their journey."
Hannah Smith
Managing Director, Anglia Capital Group
Use of funds
- 01Expand into international markets