Dean’s of Huntly, a Scottish shortbread producer, has secured a £1 million trade loan guaranteed by UK Export Finance (UKEF) to scale production and meet export demand in Australia, China, Japan, the US, and Europe. The loan, facilitated through Bank of Scotland’s General Export Facility, enables the Aberdeenshire firm to increase output, invest in solar panels and upgraded equipment, and reduce annual carbon emissions by 49.5 tonnes. The funding follows the acquisition of Duncan’s of Deeside, boosting local full-time jobs from 140 to 200. UKEF’s support aims to strengthen the UK’s food export sector, with plans to secure £12.5 billion in new export contracts by 2029. The company, founded in 1975, now ships products globally for holidays such as Christmas and Lunar New Year.
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