Caterfood Buying Group acquires Turner Price

By Bethan Grylls

- Last updated on GMT

Turner Price is Caterfood Buying Group's latest acquisition. Credit: Getty/The Good Brigade
Turner Price is Caterfood Buying Group's latest acquisition. Credit: Getty/The Good Brigade

Related tags Investment

The independent buying group arm of Bidcorp UK has announced the acquisition of the food and drink wholesaler, Turner Price.

Turner Price is now the eighth member of the Caterfood Buying Group network, which includes Nichol Hughes, Elite Fine Foods, Caterfood, South Lincs Foodservice and Cimandis; as well as the recently acquired Thomas Ridley Foodservice, and Harvest Fine Foods.

Having opened its doors in 1992, Turner Price offers a range of more 8,000 products, including fresh and chilled produce, as well as store cupboard ingredients, serving over 2,500 customers across the Midlands and North of England.

While under the Caterfood Buying Group, the wholesaler will continue to operate as an independent business, in line with the group’s decentralised business model.

Commenting on the news, Andrew Selley, CEO of Bidcorp UK, said: “Caterfood Buying Group continues to go from strength-to-strength and the addition of Turner Price will further cement the groups’ position within the industry.

“This latest acquisition is in line with the Bidcorp UK strategy to continue to grow the buying group side to national coverage, as well as increasing our network of manufacturing businesses, following our recent acquisition of Northern Bloc Ice Cream Limited​ earlier this month. The growth in these areas will allow us to continue to deliver service excellence to our customers and provide them with real added value.”

John Gould, managing director at Turner Price, added: “We are delighted to become part of Caterfood Buying Group, which shares our passion for customer led focus, harnessing strong supplier relationships, supporting staff development and ensuring that work is enjoyed by all.

“We feel this is the right time for us to be joining the Caterfood Buying Group, and are very much looking forward to continuing to build on the growth we have enjoyed and to further improve our customer offering.”

This announcement also follows BidCorp UK's fresh division, BidFresh, appointing a new managing director.

In other news, Food Manufacture has rounded up the latest raft of food and drink recalls to hit UK shelves.

Related topics Supply Chain Operations

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