Jascots Wine Merchants in management buy-out

14 April 2016 by
Jascots Wine Merchants in management buy-out

Miles MacInnes (sales and marketing director) and John Charnock (managing director) have announced the acquisition of a controlling stake in Jascots Wine Merchants from Jack Scott, who retains shares and a role in the business. The new ownership will be an equal partnership between Charnock and MacInnes.

"The plan is to keep going in the direction we have set over the last four years, focusing on delivering amazing wines to restaurants, hotels and caterers with the best customer service in the industry. We have enjoyed our most successful year yet in 2015/16 and we a predict 15% growth in 2016/17" said, MacInnes.

Charnock and MacInnes will both hold the title of managing partner, with Charnock managing finances and MacInnes the marketing and product.

Following the MBO, Charnock and MacInnes made fellow directors Dipak Thapa (finance), Dean Hammond (operations) and Ben Scott (key accounts and events) partners in the business.

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking