United Wholesale (Scotland) (UWS) looks set to acquire Time Wholesale Services, a move that will take the wholesaler’s depot number up to four and into the English market.
Founded in 1999, Time is based in Rainham, Essex and the purchase forms part of UWS’ five-year strategy to boost turnover to £500m by 2030.
UWS managing director Chris Gallacher said: “UWS and TWS are independent family wholesalers that share the same core beliefs regarding customers, suppliers, and colleagues. We both pride ourselves on leading the way in innovation and technology, which makes this acquisition a perfect fit.
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“At a time of consolidation and change in the sector, we have recognised the need to invest both in our business and the wholesale sector. We are firmly focused on identifying opportunities for growth and this deal signifies a clear step forward in our plans for expansion. We have some incredibly exciting plans for the London depot which we will share at the right time, and we look forward to taking over in July.”
Unitas managing director John Kinney added: “Independent wholesalers are not standing still in a challenging market — they are actively seeking our growth opportunities. This move by UWS is a clear example of this ambition in action, and there is more to come. Despite economic pressures and unhelpful interventions from the Government, our wholesalers continue to invest in supporting independent retailers, the foodservice sector, and on-trade customers.
“With its award-winning depots in Scotland, UWS is renowned for delivering outstanding customer service. Their ever-expanding delivery capabilities, innovative use of technology to highlight supplier investment, and strong retailer support make them a valuable asset to any region. Retailers south of the border can expect a first-class experience.”
