The timing of the prospective process is intriguing, with widespread expectations of a global recession in 2023 and discretionary consumer spending likely to come under sustained pressure.
Nisbets says it has supplied more than 35,000 catering products to restaurants, hotels, bars, and the broader hospitality industry during its four decades in existence.The company is understood to be debt-free, with earnings before interest, tax, depreciation and amortisation more than doubling in 2021, the last year for which results are available, to £42.6m.
Sales in the latest financial yar are expected to have risen again to"well over £500m", according to a source. Nisbets operates offices and distribution warehouses in the UK, Ireland, Benelux, Germany, France, Australia and New Zealand.Last year, the company appointed Clairfield International, an advisory firm, in Europe and Australia to identify Nisbets on acquisition opportunities.
It has also taken steps to strengthen boardroom governance by appointing non-executive directors including Rakhi Goss Custard, who sits on the boards of companies including Kingfisher and Trainline.Nisbets declined to comment further, while Goldman declined to comment.
Since comments were turned off for the article on the arrest of the Met police officer charged with over 20 counts of rape I post it here. women have been protesting the Met police for at least a couple of years because of officers conduct toward women. Huge issue