Group Gobbles Up Competitor

Summary


DEESIDE-based Woodward Foodservice has acquired competitor DBC Foodservice to create a pounds 500m turnover food service group and consolidate its position as the UK's third largest supplier to the catering industry.

The acquisition is part of Woodward's expansion strategy following a management buyout led by chief executive Ed Hyslop.

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Extract


Group Gobbles Up Competitor

The deal is backed by existing Icelandic investors Baugur and Talden with de...

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