Essex-based Hills Prospect is the latest wholesaler to join the on-trade division of the Today’s Group.
Originally one of the largest members of former on-trade buying consortium National Drinks Distributors (NDD), the wholesaler has an annual turnover of £45m.
Managing director of Today’s Group Bill Laird said: “Following the demise of Waverley TBS in October 2012 there are now very few established routes to market for suppliers and manufacturers, which is an unhealthy position for all. With our rapidly expanding on-trade membership we have created a new presence in the on-trade sector providing pubs, bars and other on-trade outlets with a wider choice and range of services via our local and regional members.”
Phil Merritt, purchasing director of Hills Prospect said: “When NDD ceased operating at the end of 2013 we stood back and evaluated various options for our business. We concluded that with its already significant on-trade presence, Today’s would be an excellent strategic fit for us. We are looking forward to working with the Today’s team and fellow members.”
Laird added: “We are delighted that Hills Prospect has chosen to join our group and become another key operator within our growing on-trade division. They are a highly respected major regional player, servicing the south east and central London and will help to shape the future of our on-trade business.”
Today’s Group claims the title of largest independent buying group in the UK with purchasing power in excess of £5.7bn. The Today’s on-trade division was established in November 2013 and has a membership of 25 including former NDD and existing Today’s members operating in the on-trade arena.