The Upton Group, a vending machine and refreshments systems company based in Selby, has doubled down on its development strategy by acquiring York’s Fishers Catering Supplies.
Founded in 2006 by husband and wife duo, Graham and Jane Fisher, Fishers Catering Supplies has been renamed to Ebor Catering Supplies.
The acquisition, for an undisclosed sum, is the second by The Upton Group, a having acquired York Emporium in 2016.
Fishers Catering Supplies had a turnover of more than £1 million and five staff, three of which have transferred to The Upton Group with the bank-funded acquisition.
John Duggleby, who became a director of Fishers in 2011, joins The Upton Group as general manager of Ebor Catering Supplies.
Graham and Jane Fisher have exited the business following the sale.
“This is a strategically-significant acquisition for us as Ebor Catering Supplies fits well with The Upton Group and York Emporium and the three businesses can help each other grow through contacts and introductions,” said Ross MacDonald, MD of The Upton Group.
He added: “As well as renaming and rebranding Fishers, we plan to fully integrate the business and refresh its product lines to appeal to a wider, national audience, including supplying kitchen equipment and offering a full kitchen-fit out service.”
John Duggleby, who also joins The Upton Group board, added: “There is significant demand for what we offer and I’m very excited about the future for Ebor Catering Supplies now that we can access the resources of a larger group, with experienced sales staff and form a strategic partnership with York Emporium.”