Wine Rack and Bargain Booze sold to Bestway after Conviviality collapse
The second major business owned by failed drinks company Conviviality has been sold to Bestway in a £7 million deal.
The deal sees Wine Rack, Bargain Booze, WS Retail and Select Convenience now being owned by Bestway. Bestway is a multinational conglomerate with businesses in the UK and Pakistan. In the UK, where it is based in London, it is the second largest Wholesaler serving 125,000 independent food & drink retailers and caterers as well and the UK’s third biggest pharmacy, Well Pharmacy.
Conviviality Retail was Conviviality’s second largest division with 800 stores and 350 franchises under the Bargain Booze, Select Convenience, Wine Rack and Central Convenience brands.