Lincolnshire wine merchant joins new group
Walker and Wodehouse Wines, a Royal Warrant holder since 1955 with a history stretching back to 1794, has joined forced with other two drinks importers to form a new group.
The company, based in Sutton St Edmunds, has become part of the Bibemdum PLB Group. It will focus on supplying independent merchants and regional wholesalers.
The Bibemdum PLB Group was formed following the merger of West Sussex drinks importer PLB Group and Bibendum Wine.
The group is made up of five trading companies. Existing Bibendum trading arms, the Wondering Wine Company and Instil Drinks Company, which will integrate PLB's beer division, complete the new group's line up.
PLB founder and chairman Jeffrey Fredericks said: "PLB will continue to run as an individual trading company, but, as part of the Bibendum PLB Group, the vision of being able to offer the number one service to all areas of the UK trade will be realised.
"As a family business, it was very important to us that we found the right buyer and we have found that with Bibendum. The two companies now join to become the UK's most powerful independent drinks company in the UK and a unique route to market for any supplier."
Michael Saunders, chief executive of The Bibendum PLB Group, added: "Consolidation has been a widely discussed topic in the industry for several years as companies strive to grow in a low margin and complex market.
"By uniting the strengths of Bibendum with the strengths of PLB, and maximising the expertise within each trading company, our new group will be uniquely placed to offer customers the best possible service."