ECI calls off hunt for Bargain Booze buyer

30 April, 2012

Bargain Booze owner ECI Partners has called off its search for a buyer for the franchise chain.

The private equity company appointed KPMG to carry out a strategic review last February, including looking at a possible sale or refinancing.

A spokesman for ECI told OLN “the time was just not right” for a sale.

“Given its performance it is a good business and they have decided to stick with it and continue supporting it for the current time,” he said.

The company will make another attempt to sell Bargain Booze in the future, but has not set a timeline for the move.




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Lifting the spirits

I were to sum up alcohol sales over Christmas 2017 in one word, it would be “gin”. At Nielsen, we define the Christmas period as the 12 weeks to December 30 and in that time gin sales were £199.4 million, which means they increased by £55.4 million compared with Christmas 2016. There’s no sign the bubble is about to burst either. Growth at Christmas 2016 was £22.4 million, so gin has increased its value growth nearly two-and-a-half times in a year. The spirit added more value to
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