Grocery wholesaler Blueheath Holdings has announced a series of new contract wins, and said the integration of its recent acquisition CTM is progressing well.
The new contracts include one with Vue Cinemas, the UK’s largest multiplex cinema operator with 54 outlets, for which Blueheath has a contract to supply all food service products. It will supply a full range of impulse and convenience products to a motorway service station operator.
It has been appointed as nominated supplier for the south east franchise network of Northcliffe Retail, the retail division of Northcliffe Newspapers Group, with an initial 14 outlets, expected to build over time to 50 outlets.
It is also supplying a nine site forecourt and convenience chain in the south and the STAR services five site forecourt chain in the South East.
The pace and scale of account wins remains in line with management expectations, although it will as usual take some time until all the new accounts are fully operational with roll outs beginning in August and September.
Blueheath also said the integration of CTM Wholesale Limited, acquired in April continued to progress well. Turnover is ahead of expectations with no material customer losses.
Blueheath stock management technology is now operational at the Wrexham site and is on track in delivering the expected benefits from reducing CTM stock towards Blueheath’s normal level and sSteady progress continues to be made in delivering the expected cost synergies.
“Our new accounts emphasise our commitment to the leisure, petrol forecourt and food services sectors and further strengthen our expertise in these areas, said chief executive Douglass Gurr. “Equally pleasing is the initial integration shown at CTM which demonstrates the value that we can generate from carefully selected potential acquisitions.”
