Yeo Valley was founded in the 1970s when Roger and Mary Mead began selling clotted cream from their Somerset farm. Today it is the largest organic dairy in the UK — it sells almost 10% of the yoghurts bought in this country. Tim Mead, 53, son of the founder, is now chairman, and the business is run by joint managing directors Karl Tucker, 48, and Adrian Carne, 50. Effective cost management helped lift profits 78% to £7.3m in 2015.
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