UK firms advise as grocery wholesaler buys drinks retailers in £7m deal
April 10, 2018 at 06:15 AM
1 minute read
Addleshaw Goddard and DLA Piper have advised on UK grocery wholesaler Bestway’s acquisition of drinks chains Wine Rack and Bargain Booze, a deal that is set to save thousands of jobs.
About 2,000 jobs will be saved by the £7m acquisition of the retail division of drinks group Conviviality in a pre-pack administration process.
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