Reynolds acquires London greengrocer Solstice

Reynolds Catering Supplies, of Waltham Cross, Herts, which claims to be the UK’s leading independent fresh fruit and vegetable supplier, has purchased the business and assets of Solstice, a ‘high-end’ greengrocer based in south-west London, from administrator Duff & Phelps.

Solstice has supplied a range of speciality fruit & veg, dairy and ambient products to the hospitality industry for more than 20 years.

Tony Reynolds, managing director of Reynolds, which has eight satellite depots, said: “Both businesses share similar family values of excellent quality and service, but have their own, unique and enviable customer base. I am incredibly excited about the opportunities that lie ahead.”

Solstice will retain its identity, but with the support of the new owner, whose annual turnover is around £190 million.

Benjamin Wiles, joint administrator and managing director at Duff & Phelps, said: “The sale has facilitated business continuity and has preserved the jobs of Solstice’s entire workforce. We expect the business to go from strength to strength under its new ownership as part of a successful larger fresh fruit and vegetable business.”

As well as supplying fruit & veg to foodservice operators, Reynolds  deals in dairy products, fresh fish and meat.

The company, whose head office site has an area of 240,000 sq ft, has the use of 260 vehicles and trailers, making deliveries throughout the UK. Its customers include Pret a Manger, Whitbread and Sodexo.

Tel: Reynolds Catering Supplies (0845) 310 6200

Published Date: February 23, 2018
Category: Wholesale Industry News