Sometimes one is better than two.
This past Thursday, UK-based Bibendum Wine Limited announced they have merged with importer PLB Group to form the Bibendum PLB Group. The two companies share common philosophies which will help make the merger a success, Bibendum said in a press release this week.
“Both businesses share a customer-centric, insight driven approach and pride themselves on their long-standing supplier and customer relationships,” Bibendum said. “Most significantly, both Bibendum and PLB are leaders in their respective fields and therefore coming together will mean the Group will be able to offer customers, not only the best possible service, but a service tailored specifically to their business needs.”
The merger comes in the wake of several difficult years for UK wine merchants.
According to Bibendum, though the two companies are now one they each will focus on their area of expertise – Bibendum on the trade business and LDP on the off-trade business.
PLB’s Founder and Chairman Jeffery Fredericks is optimistic about the new company’s future.
“As a family business, it was very important to us that we found the right partner and we have found that with Bibendum,” Fredericks said in the release. “The two companies now join to become the UK’s most powerful independent drinks company and a unique route to market for any supplier.”
Michael Saunders, appointed chief executive of the new company, said the Bibendum-PLB merger will not only give a boost to the company, but will also provide a boost to the customer.
“By uniting the strengths of Bibendum with the strengths of PLB, and maximising the expertise within each trading company,” Saunders said in the release, “our new group will be uniquely placed to offer customers the best possible service.”
Photo credit: Wine Travel Stories
Source: Snooth – Articles