Cadman Capital, which has offices in Northampton, has acquired The Waiter’s Friend Company, a supplier of wine accessories to the Fine Dining, Hospitality, Tastings and Events markets.
This latest acquisition is part of an ongoing growth strategy as Cadman Capital looks to strengthen its wine portfolio by diversifying its offering and widening its customer base. The acquisition follows the launch of Cadman Wine, the Group’s new wine business, giving customers a better user experience and wider range. It also offers the option to use crypto as a method of payment.
Their wine portfolio also includes Highweald wine, which won Best Wine in First Year of Production at this year’s International Wine Challenge.
James Dinsdale, CEO of Cadman Capital Group, said: “The acquisition of The Waiter’s Friend Company, and its sister business The Wine Gift Centre represents our commitment to growing our wine portfolio by adding well established, recognisable and profitable businesses. We have exciting plans to expand the business and improve our offer to a broader customer base.”
The Waiter’s Friend was prepared for sale and brokered by Rupert Beazley, director of CMC Business Advisers Ltd.
