Foodservice: Robert Spenceley, South Lincs Foodservice
The foodservice sector has experienced high levels of consolidation and business sale activity through the years. While Robert had acquired businesses as part of his growth strategy for South Lincs, he had never sold a company before. With 100 staff and multi-million revenues, South Lincs Foodservice was an attractive prospect for acquirers, and the company sold to market-leading company Bidvest (now Bidfood), advised by BCMS.
In this in-car video, filmed in an all-electric Tesla Model S, Robert discusses his sale story, and gives hints, tips and advice for those looking to sell a business.