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In our news section this week, you will see that we have opened another chapter in the long-running saga about Irish wholesaler BWG, which has been put up for sale by the venture capitalists that now own it.
BWG controls a network of 900 convenience stores in Ireland and the UK.
In addition, BWG is to offer a ready-to-cook range of evening meals in accordance with huge changes in shopping trends.
Adjusting BWG's profits onto a normalised basis, Pernod Ricard estimates that in 2001 BWG would have had an EBIT of approximately EUR31 million.
Meanwhile, 10 new stores were added to Mace, which BWG controls in the Irish Republic, taking its total number of stores to around 140.
The forecourt stores will operate under both the Mace and Spar symbols, the franchises for which are owned by BWG in Ireland,
Clohisey, who previously held a 20% stake, said he was delighted to be part of the team that had put BWG under Irish ownership.
BWG also owns Appleby Westward, a Spar wholesaler in south-west England with 340 store franchises.
Breadsmith is the 100th client for Dallas-based BWG.
Irish Spar retailer BWG is seeing higher returns from its new generation stores despite a hike in operating costs, group business development director Peter Kealy said this week.
BWG clients can contact Wayne Lafferty at 972-548-6993 for more information.
Managers at BWG Holdings, owner of the Spar and Mace franchises, are understood to have made an approach to buy the 65% share of the business put on the market by private equity group Electra Partners.
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