Conviviality raises glass after doubling sales to £1.56bn

Bargain Booze collapse
Crewe-based Conviviality, owner of Bargain Booze and Wine Rack, has almost doubled its sales to £1.56bn. The company said it traded well in the 52 weeks to April 30 and said its net debt of £99m was comfortably below target. During the year, the transformation of Conviviality from its foundations as a franchised off licence business into a drinks wholesaler and distributor has been further underpinned with the acquisition of Bibendum PLB Group on the May 20, 2016. The integration of both Matthew Clark and Bibendum PLB Group... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
Close