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Bidvest 3663 acquires Cimandis foodservice providers

29th Apr 2015 - 07:24
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Bidvest 3663 acquires Cimandis foodservice providers
Abstract
Bidvest 3663 has announced the acquisition of Cimandis from SandpiperCI, whose group of companies is the largest retailer and private employer in the Channel Islands.

Cimandis provides in the region of 4,500 products to over 1,000 customers in retail, hospitality and the service sectors, via depots in Jersey, Guernsey and Alderney.

Andrew Selley, chief executive of Bidvest 3663, said: “We are delighted to welcome the team and customers of Cimandis to the Bidvest Foodservice family. Over the past couple of years the Cimandis management team have developed a thriving and profitable foodservice business within the Channel Islands.

“In line with our decentralised model, Bidvest will continue operating Cimandis as an autonomous and independent business, following the model we already successfully employ around the world.

“We believe this partnership opens up new opportunities for both businesses, for Bidvest it allows us to further extend our footprint in Jersey, Guernsey and Alderney, whilst the Cimandis team and customers will benefit from the financial and strategic support of the wider Bidvest group.”  

The current management and staff of Cimandis will transfer over to Bidvest when the sale completes which is expected to be early May. There are no plans to change liveries or brands at this time and Cimandis will continue to operate as a regional wholesaler.

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Written by
PSC Team