DBC Foodservice up for sale in wake of challenging trading

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DBC Foodservice has been put up for sale.

The board said it had taken the decision in light of the very challenging trading environment with which it had recently been confronted.

It said that discussions had already begun and that there were “a number of interested parties.”

“We have concluded that a sale of the business provides the best solution for DBC’s employees, customers and suppliers alike. We therefore ask all of them for their continued full support, which will provide the best opportunity for a successful sale and the most mutually beneficial outcome. We will keep all parties informed as the sale process progresses,” said CEO Andrew Ramsden.

DBC reported a £4.95m loss in the year to 25 March 2011 against a profit of £1.26 the previous year. 

DBC was bought by Iceland bosses Malcolm Walker, Andrew Pritchard and Tarsem Dhaliwal in 2009. At the time, Dhaliwal, who resigned as DBC’s chairman last week, said he would look to use Iceland’s £2bn buying power to improve DBC’s pricing and range.

Readers' comments (52)

  • I have been a customer of DBC Foodservice for 4 years now and i am sad to be leaving and moving over to 3663. I would've stayed with DBC if it wasn't for the poor comunication. I have been unable to order various products over the last few months and not told why. I have just been told "supplier issue". I find it disgusting that DBC Foodservice have not given any information to their customers and just carried on providing poorer and poorer service as the time went on. Even today i have not yet been told by DBC, i've had to see it on this website that DBC are up for sale. Makes it pretty clear now why the service has been so so poor. If the comunication had come out to me i would stick by DBC and hope for a wealthy takeover to provide the service we should receive. As there was no comunication and i've been taking meals off my menus due to DBC's poor service i will be moving over to 3663.

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  • Anonymous

    As a partner of a member of a DBC employee I feel I must respnd to the above comment. DBC only informed the staff on Monday 19th march of the intention to sell the business. Yes there has been stock issues recently but the staff 'believed' this was due to Malcom Walker buying Iceland outright and that when this was complete things would return to normal and improve things long term. (they were even sent an email by HR saying the 'rumours' in the marketplace were unfounded and it was business as usual) It didn't, a week after learning that the Iceland sale had gone through the staff were informed that the business was to be put up for sale. I agree with the comment re 'no communication' however please understand that this was also to employees who now may face redundancy and a bleak outlook.

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  • Anonymous

    I'm the owner of a small B&B and have been approached by Brakes with some good offers and a much more reliable service. I'm dissapointed in the poor service and lack of information from DBC lately, they've been getting worse and worse over the last few months. I'm glad I'm moving my business now before I get left with no service.

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  • Anonymous

    As an employee i am totally disgusted with the way the company has dealt with matters. They left us employees totally in the dark as to what was happening as they have the suppliers and everyone who has dealings with them. I have never worked for a company like this, it's total disregard to everything and everyone. Also it's lack of respect and communication for it's staff and suppliers, there is no incentive to work for this company. DBC's big thing was about communication always, well can someone please enlighten me as to what actually happened to this most important word?

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  • Anonymous

    Promise after promise, employees encouraged not to leave the business for better things. New technology is on its way, Stay with dbc to progress a career, give us everything and we will thank you by selling out and running the business into the ground

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  • Anonymous

    Whilst the Board are to blame for what has happened here please remember that there are a lot of hardworking individuals who do not deserve some of the comments being made.. Most members would welcome the opportunity to carry on if the Co can be purchased intime to salvage things. Many loyal Customers have infact agreed to stand by us if we do find a buyer. DBC was never obout the 5 or 6 people at the top. The 994 at the bottom made it what it was and I am very sad that we are where we are.

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  • Anonymous

    While i feel sorry that many of the staff at DBC may lose the jobs in the near future at the end of the day it is a cut throat business out there and it is dog eat dog.
    Even if someone did step in to save the firm if it was 3663 or Brakes they would only cherry pick the depots they wanted say three or four at the most and the rest would be shut as all they want is the actual contracts that they may hold i.e woodwards when brakes took over!
    Hope for the best for all the remaining staff.

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  • Anonymous

    As a serving employee of dbc I feel ashamed of our management's lack of respect for our customers. They sit in their ivory tower telling us that ` it's business as usual` and that `they will keep us informed` what a joke.They should be out there with us face to face with the customer then they would see how it feels.

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  • Sad news that will unfortunately satisfy the dominant Brakes & 3663. I just hope that caterers spend time looking to pass their business to smaller / regional wholesalers and not fall into the trap of working with the big boys, DBC were a thorn in the side of the likes of Brakes & 3663 and sadly they will be rubbing their hands together with this news and no doubt preparing to purchase DBC at a knockdown price.

    Sincere best wishes to the DBC staff, there will be life after DBC but hopefully not under the banner of the big boys!

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  • Anonymous

    What a sad state of affairs, as a management consultant looking from the outside it is clear that the board have failed to manage the business for profit and had no clear strategy. Culture comes from the top and the company appears to have been sliding for many years. Death by a thousand cuts!!

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