Breaking news: 37 Oddbins shops in England and Scotland have been sold as a going concern. However, Deloitte is not yet in a position to say who the purchaser is as they will not be releasing the name until the employees have been told. I understand they will be informed this morning.
Update: Purchaser understood to be EFB (European Food Brokers) Ltd, which was set up by Raj Chatha in 1991. The company is based in Walsall. The drinks business trades under Whittalls Wines Ltd at Château Pleck in Walsall. It is believed that the Oddbins brand name has been sold separately.
Further update: Buyer is definitely EFB with brand sold off separately. Report on The Drinks Business that 200 Oddbins jobs have been saved.
More details as and when.
Update: Purchaser understood to be EFB (European Food Brokers) Ltd, which was set up by Raj Chatha in 1991. The company is based in Walsall. The drinks business trades under Whittalls Wines Ltd at Château Pleck in Walsall. It is believed that the Oddbins brand name has been sold separately.
Further update: Buyer is definitely EFB with brand sold off separately. Report on The Drinks Business that 200 Oddbins jobs have been saved.
More details as and when.
