SUBSCRIBE

Inside food & drink manufacturing

Headlines > Business News

Read more breaking news

 

 

Tayto snacks to appear in more vending machines

Post a comment
Matt Atherton

By Matt Atherton+

05-Jul-2017
Last updated on 05-Jul-2017 at 12:06 GMT2017-07-05T12:06:48Z

Montagu Group acquired West Country Vending Services
Montagu Group acquired West Country Vending Services

Snack manufacturer Tayto Group’s sister company Montagu Group has acquired another vending machine firm, in a multi-million pound deal that will see Tayto’s products feature in 5,300 more vending machines in the south-west and south Wales.

Montagu Group acquired West Country Vending Service, and its subsidiary firm Hilton Vending, it confirmed on June 30. The deal followed Montagu’s takeover of Freedom Refreshments in April.

Stocking more vending machines across the UK with Tayto products has increased the group’s turnover substantially, said Montagu chief executive Paul Allen.

“West Country is a long-established, route-based business with robust strongholds in the areas in which it operates. It is both disciplined and highly customer-focused with a family-oriented ethos similar to the Tayto Group.

‘Making large strides’

“Although we are still in the very early days of our expansion into the British vending sector, we are making large strides, building our profile and presence rapidly. Through our acquisitions of Freedom Refreshments and West Country Vending Service, we have acquired more than 12,500 vending machines in the space of a year.”

Tayto Group planned to acquire more vending machine firms, it said. It was continuing its strategic development that would help bring its products to a wider audience, it added.

Montagu Group vending director Mark Stone said: “We are aiming for further growth within this sector as we continue to roll out our development plan, which opens up new distribution channels for Tayto Group products, alongside the extensive range of hot and cold drinks and confectionery that our machines carry.”

‘Aiming for future growth’

West Country Vending Services has an annual turnover of £11M, and sells vending machines to a range of clients. It has clients across a number of sectors, including in business, industry and leisure.

The firm’s md Dylan Jones said: “West Country Vending is delighted to be joining the Montagu family.

“We have been proudly serving our region now for 50 years, and all of us welcome the opportunity to take the next step in our development and to be part of a dynamic, fast-growing and customer-driven group.”

The acquisition came after Montagu Group bought Freedom Refreshments in April in another multi-million pound deal. The takeover meant Tayto gained access to almost 7,000 vending machines across England.

Tayto vending machine firm acquisitions
  • West Country Vending Services
  • Freedom Refreshments
  • 12,500 vending machine acquisitions in the UK

Post a comment

Comment title *
Your comment *
Your name *
Your email *

We will not publish your email on the site

I agree to Terms and Conditions

These comments have not been moderated. You are encouraged to participate with comments that are relevant to our news stories. You should not post comments that are abusive, threatening, defamatory, misleading or invasive of privacy. For the full terms and conditions for commenting see clause 7 of our Terms and Conditions ‘Participating in Online Communities’. These terms may be updated from time to time, so please read them before posting a comment. Any comment that violates these terms may be removed in its entirety as we do not edit comments. If you wish to complain about a comment please use the "REPORT ABUSE" button or contact the editors.