Good ownership is good for business. Good for everyone. Vestey Holdings is a fourth-generation family business, involved primarily in the global food industry. We are building upon the legacy of previous generations, and, today, we aspire to develop people, businesses and communities. Our purpose is to be exemplary owners of these enterprises so that they can flourish for decades to come.
Our business is a partnership between the family and colleagues, with everyone fairly rewarded for their contribution to our collective success. We benefit greatly from the talent, skills and commitment of our colleagues. In return, the family provides a stable, empowering work environment. Our shared values, combined with the freedom and autonomy we afford colleagues, enables them to be more involved in the business, and in doing so, to flourish.
We continue the entrepreneurial, resilient and pioneering spirit of the generations that came before us. We are always evolving in the light of new trends and changing consumer behaviour. We strive to build and improve our business for future generations by empowering colleagues and welcoming their ideas at all levels. A deep-rooted trust in our people, and a commitment to continuous improvement, means that we set the direction but give them the freedom to take ownership, innovate and develop their businesses.
We aim to secure a sustainable business through long-term thinking and careful succession planning. A profitable business is an essential pre-requisite, as, without profit, we are neither sustainable nor able to do good. But we stand for a greater sense of purpose than profit alone as we have a responsibility – both collectively and individually in the business – to enhance our local communities by making them a better place to live and work now and in the future. That’s good for business and good for everyone.
As a family business, we want everyone who works with us to grow and reach their full potential. Our commitment to give everyone a chance extends beyond our colleagues and into the communities in which they live. Strong communities foster a greater sense of belonging and a collective desire to help those less fortunate. Our focus is on the next generation who represent the future of these communities. We aim to inspire wherever possible. We direct a minimum of 1% of yearly profits after tax towards helping the next generation realise their potential. We also encourage our colleagues to be a force for good in their communities through an annual Giveback Day.