All Bestway articles – Page 6
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News
KPMG faces investigation over Conviviality accounts audit
The auditor has stressed it completed its work “appropriately”
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News
Bestway picks up Blakemore depots in Cardiff and Walsall
Earlier Parfett’s agreed to buy Blakemore’s Middlesborough depot
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News
Conviviality Retail unsecured creditors owed £31m at time of collapse
The retail arm of stricken alcohol business Conviviality went into administration with unsecured creditors of £31.3m, newly released documents have revealed.
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News
Best-one partners with Budweiser and Coca-Cola for World Cup
The symbol group will offer retailers and consumers an array of prizes throughout the tournament
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News
Michael Saunders back as Bibendum CEO
Saunders joined Bibendum in 1982, staying with the company until its buyout by Conviviality in 2016…
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News
C&C to decouple Matthew Clark and Bibendum after rescue from Conviviality administration
C&C CEO Stephen Glancey also shook off rumours C&C planned to sell Bibendum PLB to focus on Matthew Clark
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News
Lousada departs Matthew Clark & Bibendum after C&C buyout
Lousada was commercial director of the drinks wholesaler, which was bought by C&C last month after previous owner Conviviality went into administration.
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News
Bestway seeks to reassure Bargain Booze franchisees
The wholesaler held meetings last week in Manchester, Leeds and Swindon, which were attended by a total of 250 franchisees…
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News
Bestway wholesale recovery marred by poor health of Well
Well Pharmacy profits slumped due to less NHS funding and higher wages
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Analysis and Features
Martin Race of Bestway on its £7.25m swoop for Conviviality
As Bestway appears to have landed its very own bargain booze deal with a £7.25m swoop for Conviviality Retail, MD Martin Race talks about the rationale for the deal and plans for the future
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News
Conviviality confirms £7.25m retail sale to Bestway
Stricken Conviviality has confirmed the £7.25m sale of Conviviality Retail to Bestway, including the Bargain Booze, Select Convenience, Wine Rack and Central Convenience chains.
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Exclusive: Bestway set to acquire Conviviality Retail in £7.25m pre-pack deal on Monday
Wholesaler’s intervention looks to have saved 2,000 jobs, in knockdown deal set to be rubber-stamped next week
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News
Conviviality franchisees still in the dark about their future
Despite parent company Conviviality falling into administration, the retail business continued to trade as a going concern
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News
City snapshot: Conviviality confirms C&C Group wholesale deal
Conviviality put out a statement after hours confirming it had sold its Conviviality Direct business to C&C Group after putting the division into administration with PWC. Plus, Ahold Delhaize CEO to step down and all the latest news from the City.
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News
C&C Group completes Matthew Clark and Bibendum rescue
Magners owner C&C Group has completed a deal to assume full ownership of the Matthew Clark and Bibendum wholesale businesses belonging to beleaguered Conviviality.
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News
C&C Group in talks to buy Conviviality's Matthew Clark and Bibendum
C&C Group, with the support of AB InBev, is in advanced talks to buy Matthew Clark and Bibendum from stricken Conviviality for a nominal sum.
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Comment and Opinion
Conviviality receivership marks another wholesale tragedy
Investors were being asked to risk more money for Conviviality while having zero visibility about future leadership
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Analysis and Features
As Conviviality administration looms, who are the likely buyers?
Sources close to the situation claim numerous suitors have expressed an interest
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News
Costcutter rejected Bestway proposal after Co-op deal
Sources close to both parties told The Grocer this week that Bestway approached Costcutter in December
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News
City snapshot: Conviviality files notice to appoint administrators
Conviviality has announced the board intends to appoint administrators within 10 business days, GfK’s Consumer Confidence Index increased three points in March and all the other news from the City