Bidvest 3663 acquires Cimandis
Bidvest Foodservice International, trading in the UK as Bidvest 3663, has announced the acquisition of Cimandis, which expands its operations in Jersey, Guernsey and Alderney.
Cimandis is the foodservice division of SandpiperCI and is the largest foodservice provider in the Channel Islands, providing some 4,500 products to over 1,000 customers in retail, hospitality and the service sectors, via depots in Jersey, Guernsey and Alderney.
Andrew Selley, chief executive of Bidvest 3663, commented: "We are delighted to welcome the team and customers of Cimandis to the Bidvest Foodservice family. Over the past couple of years the Cimandis management team has developed a thriving and profitable foodservice business within the Channel Islands.
"In line with our decentralised model, Bidvest will continue operating Cimandis as an autonomous and independent business, following the model we already successfully employ around the world.
"We believe this partnership opens up new opportunities for both businesses; for Bidvest it allows us to further extend our footprint in Jersey, Guernsey and Alderney, whilst the Cimandis team and customers will benefit from the financial and strategic support of the wider Bidvest group."
The current management and staff of Cimandis will transfer over to Bidvest when the sale completes which is expected to be early May and Cimandis will continue to operate as a regional wholesaler.
Tony O'Neill, CEO of SandpiperCI, added: "We're obviously very pleased that Bidvest, an international foodservice specialist, will use its global experience to build on Cimandis's success, which will clearly benefit the Channel Islands and other stakeholders."
