Lomond buys food distribution business
Lomond – owner of bakery Cake – acquired wholesale food distribution business Hall’s Direct last week (May 26), in a deal that will boost Lomond’s annual turnover to more than £30M.
The acquisition will increase Lomond’s staff numbers from 104 to 160, with its fleet of dualtemperature delivery vehicles growing from 21 to 40.
Lomond will gain access to Hall’s foodservice customers. The acquisition positioned the company for further growth into the convenience and retail sectors.
Md Sam Henderson said the acquisition was the start of the next chapter in the evolution of the company.
“Our strategy to grow the business quickly has been realised and the whole team is looking forward to the coming months as we integrate the two businesses.”