Caterfood Buying Group acquires Turner Price

Caterfood Buying Group – part of Bidcorp UK – has announced the acquisition of Turner Price for an undisclosed sum.

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

The Country Range member has become the latest addition to join the Caterfood Buying Group network, following the acquisitions of Harvest Fine Foods and Thomas Ridley Foodservice in 2023.

Philip Atyeo, managing director of Caterfood Buying Group, commented: “It is fantastic to welcome the Turner Price team into Caterfood Buying Group, a growing network of independent businesses which includes Thomas Ridley Foodservice, Harvest Fine Foods, Nichol Hughes, Elite Fine Foods, Caterfood, South Lincs Foodservice and Cimandis.

“Turner Price is a highly successful foodservice supplier and delivers a great service proposition to its loyal customers. The business will continue to operate as an autonomous and independent business, in line with our decentralised model in the business.”

Andrew Selley, CEO of Bidcorp UK, added: “Caterfood Buying Group continues to go from strength to strength and the addition of Turner Price will further cement the group’s 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, commented: “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.”


Published Date: July 1, 2024
Category: Wholesale Industry News