Belfast Telegraph

Tayto partner buys vending machine firm in England

- BY JOHN MULGREW

A SISTER company of Tayto crisps in Northern Ireland has bought another UK vending machine business in a multi-million pound deal.

Tayto’s affiliate company Montagu Group has bought Bathbased West Country Vending Service for an undisclose­d amount.

The deal includes West Country subsidiary Hilton Vending, and brings an additional 5,300 operationa­l vending machines under the group’s control, the company says.

Earlier this year the Montagu Group announced it had bought Freedom Refreshmen­ts Ltd — the first vending acquisitio­n by the Tayto family.

Paul Allen, chief executive of the Montagu Group, said: “West Country is a long-establishe­d, route-based business with robust stronghold­s in the areas in which it operates.

“This acquisitio­n is the next progressiv­e step in our strategic developmen­t programme and increases our share of the GB vending-solutions sector significan­tly, bringing an extra 5,300 vending machines online.

“West Country is both discipline­d and highly customer-focused with a family-oriented ethos similar to the Tayto Group, which, along with its fixed revenue streams, made it an attractive propositio­n.

“Although we are still in the very early days of our expansion into the GB vending sector, we are making large strides, building our profile and presence rapidly. We have acquired more than 12,500 vending machines in the space of a year which, in turn, has increased the group’s turnover substantia­lly.”

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