UK chains Bargain Booze and Wine Rack sold to Bestway

UK chains Bargain Booze and Wine Rack sold to Bestway
 

Conviviality brands Bargain Booze and Wine Rack are set to be sold to food wholesaler Bestway for £7m.
Conviviality's retail arm, which also includes the WS Retail and Select Convenience chains, was looking for suitors after the company ran into financial difficulty.
The sale is expected to save 2,000 jobs at the chains.
Earlier this week, the wholesale division of Conviviality was bought by C&C, the owner of Magners cider.
Both deals were completed through a pre-pack administration process, which was overseen by PwC.
Last week, Conviviality had announced plans to file for... read more

 
6 April 2018 in Business, Views: 50
Source: BBC
Share:
 




News Widget for Webmasters


Realtime News

 

«
»
Mo Tu We Th Fr Sa Su
            1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30