Linfox has acquired full ownership of BevChain – alcohol supply chain specialist – after purchasing 50 per cent of the business from food and beverage company, Lion.
This strategic acquisition will reportedly provide Linfox with a direct inroad to the multi-billion dollar beverage industry and will enable the business to meet the needs of a wide range of customers in the alcoholic and non-alcoholic beverage sector.
“BevChain began in 2006 to provide a specialised service to the alcoholic beverage industry,” said Linfox CEO Annette Carey. “We plan to grow the business further by expanding into new sectors within the broader beverage industry. The acquisition is aligned to Linfox’s growth strategy and we will continue to invest in sectors where we see an opportunity for growth.”
BevChain has doubled in size, since 2011, generating $250 million dollars in revenue in FY17, according to Linfox.