Member Article

Lancaster wine firm toasts merger

A Lancaster wine import and wholesale business has acquired assets owned by Heritage Wine Company thanks to support from a multi-million finance package with Yorkshire Bank.

EWGA Wines, which supplies wines to the hotel and restaurant market, has increased business revenue by 40% thanks to this merger.

EWGA has grown by 10% year-on-year in the last decade by purchasing regional wholesalers, it is already well established in the North West and this latest acquisition will see it strengthen its position in the South West.

Managing director Adrian Moeckell said: “We are delighted to have the opportunity to integrate this well respected regional wholesaler into our existing portfolio.

“There are many similarities between the two businesses which make it a natural fit and during the course of this process we have been impressed by the high standard of the operation and its personnel,” according to the Lancashire Evening Post.

This was posted in Bdaily's Members' News section by Sophia Taha .