f PRESS RELEASE RE: Amathus Drinks PLC
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PRESS RELEASE RE: Amathus Drinks PLC

Saturday August 1, 2015 at 9:16am

PRESS RELEASE RE: Amathus Drinks PLC & Harry Georgiou Acquires Complete Shareholding of Bablake Wine 

It is with great pleasure that we can announce that from the 1st August 2015 Amathus Drinks PLC & Harry Georgiou have acquired the complete shareholding of Bablake Wines Ltd from the Wyles family, who have been renowned members of the UK Drinks trade since 1929.      

We are tremendously excited with the acquisition, and look forward to future opportunities to utilise each others wealth of experience to create dynamic synergies and continue to make further developments within the industry.   

Amathus is a family-owned fast-growing national drinks distributor, importer and specialist retailer based in London with a turnover in excess of £35m and over 100 staff. We currently operate in London & the Home Counties, Cambridgeshire, Oxfordshire, Birmingham on direct delivery basis, and via courier to Manchester, Leeds and Liverpool.  

Bablake Wines has a fantastic history in the trade, founded in 1929, it has a turnover in excess of £20m and about 100 staff, and additionally covers a distribution area from the south coast (from Brighton to Plymouth), to Bristol, Cardiff, Bath, Gloucester & The Cotswolds, Coventry, and up to Nottingham and Sheffield.  

This strategic acquisition adds momentum to Amathus’ ambitious growth plans, doubling it’s customer and distribution asset and furthering its national distribution network. Managing Director & Shareholder Harry Georgiou is excited with the prospect of maintaining the family ethos and investing in & helping develop Bablake’s future.  

We wish the Wyles family the very best of luck in their future plans.  

Yours Sincerely,      

The Amathus & Bablake Teams

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