Champers acquires Wembley depot

champers

Alcohol wholesaler Champers has purchased a 25,000 sq. ft. warehouse in the Wembley area of West London as it targets a 10% turnover increase.

75% owned by the HT Drinks Group, Champees’s new facility will create ten new roles and include a new warehouse, as well as a dedicated office space, creating more room in the original depot to improve distribution facilities.

Champers supplies beverages to a range of licensed premises, including customers such as Gordon Ramsay, Nobu, Wright Brothers, and Caprice which operates The Ivy restaurants.

Read more: HT Drinks to pursue acquisitions in latest growth strategy

David Sitch, relationship director at HSBC UK, the bank that supplied the funding package said: “It has been great to support Champers’ new growth. It’s fantastic to see a traditional family business thrive in the national market.”

Sagar Thakrar, director at HT Drinks, said: “The support from HSBC UK will make a huge difference to our business, providing us with the space to continue our growth journey while meeting customer demands. This includes our wine products, which are experiencing a noticeable increase in demand.”

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Paul Hill is the Editor of Better Wholesaling. He can be found on Twitter at @BW_PaulHill, or contacted via paul.hill@newtrade.co.uk and 07960935659.

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