Venus Wine & Spirit Merchants plc has been acquired by Booker Group Ltd., a subsidiary of Tesco plc

The shareholders of Venus Wine & Spirit Merchants plc have sold the company to Booker Group Ltd., a subsidiary of Tesco plc. The move allows the Tesco subsidiary to bolster its on-trade portfolio through the addition of Venus’ range of over 2,000 spirits, beers, wines and soft drinks.

Founded in 1975, Venus Wine and Spirits Merchants plc is an independent wine distributor with over 140 employees based in the UK. The company provides a reliable and consistent supply with competitive prices, offering a wide product range that includes over 2,000 spirits, a large selection of wines, champagnes and soft drinks, alongside craft, keg and packaged lagers, ciders and ales. It has distribution depots in London and Leeds and manages its own fleet.

Booker Group Ltd. is a market leading wholesale provider based in the UK. It is a subsidiary of Tesco plc. The company supplies approximately 1.5 million businesses across the UK through their national network of distribution centers, cash and carry branches and Best Food Logistics sites.

Oaklins Cavendish, based in the UK, advised the shareholders of Venus Wine and Spirits Merchants plc on the sale of the business to Booker Group Ltd.

SERVICIO

M&A sell-side

PARTES

“From all of the shareholders at Venus, we would like to say a huge thank you to the team at Oaklins Cavendish for advising us on this successful sale to Tesco/Booker – we believe that under their new ownership, the business will continue to thrive. The expertise, hard work and tenacity we got from the Oaklins Cavendish team was excellent and we are delighted with the outcome. We would certainly recommend the Oaklins Cavendish team to other business founders and owners.”

Laki Christoforou

CEO, Venus Wine & Spirit Merchants plc

Contáctese con el equipo de la transacción

Henry Wells

Partner

Londres, Reino Unido
Oaklins Cavendish

Ver perfil Contáctenos

Stephen Nemeth

Director

Londres, Reino Unido
Oaklins Cavendish

Ver perfil Contáctenos

Transacciones relacionadas

AYANDA CAPITAL has added a new investor to its shareholding

Consumo y Retail

AYANDA CAPITAL has added a new investor to its shareholding

A new investor, Thierry Jacobs, has joined AYANDA CAPITAL S.L.’s shareholding with a minority stake.

Goldlight has been acquired by Grenardi Group

Consumo y Retail

Goldlight has been acquired by Grenardi Group

AS Grenardi Group, the largest Baltic jewelry retailer, has acquired Goldlight.

Nuzoa has acquired Dinazoo

Consumo y Retail

Nuzoa has acquired Dinazoo

Spanish private equity-backed Nuzoa, a prominent animal health distributor in Spain, has acquired Dinazoo. This acquisition marks one of the first steps in Nuzoa’s international expansion. It will strengthen Nuzoa’s relationships with key clients who also operate in the Portuguese market, along with its suppliers. This agreement will enhance both companies’ presence in the Portuguese market by gaining access to more advanced technology and expanding their portfolio in key areas of the business.