B.A. Cash & Carry
“We were extremely pleased with the advice, services and management of the sale by James and his colleagues. We were confident throughout the entire process that we made the correct decision in appointing Blake Morgan.”
Our Corporate team acted as legal advisor to the owners of B.A. Cash & Carry (Cardiff) Limited on the recent sale of the business and assets to A.F. Blakemore & Son Limited ("Blakemore").
B.A. Cash & Carry, owned by the Ahmed family, was established in Cardiff in 1973 originally as a small, successful retail outlet which expanded numerous times over the years and is a highly regarded wholesaler with a growing delivered retail and food service operation. B.A. Cash & Carry own and operate two large cash & carry depots in Cardiff and Swansea with a turnover in excess of £90 million and employs around 170 employees.
Blakemore was founded in 1917 and is a family-owned food & drink retail, wholesale and distribution business. The group currently employs around 7,500 people and has a turnover in excess of £1.1 billion. The deal establishes Blakemore's wholesale arm as the 3rd largest business of its kind in the UK market, with combined turnover of £340million.
James Williams said:
"B.A. Cash & Carry is a well-known and successful family owned Welsh business and we were delighted to help deliver a successful exit for the Ahmed family. The result brings together two long established, family-owned businesses, with a common set of values."
See press coverage on this story: http://www.walesonline.co.uk/business/ba-cash-carry-acquired-multi-million-6798847