Awards and citations:

1997: Le Prix du Champagne Lanson Noble Cuvée Award for investigations into Champagne for the Millennium investment scams

2001: Le Prix Champagne Lanson Ivory Award for

2011: Vindic d'Or MMXI – 'Meilleur blog anti-1855'

2011: Robert M. Parker, Jnr: ‘This blogger...’:

2012: Born Digital Wine Awards: No Pay No Jay – best investigative wine story

2012: International Wine Challenge – Personality of the Year Award

Tuesday, 26 April 2011

Oddbins – some details on EFB (European Food Brokers) Ltd

It is now confirmed that European Food Brokers (EFB) Ltd has bought 37 of the remaining Oddbins shops. The company was set up by Raj Chatha in 1991 and is now a subsidiary of EFB Holdings Ltd. The last accounts for European Food Brokers Ltd filed with Companies House are up to 31st January 2010 and shows that Raj Chatha holds 100% of the shares. 

EFB Ltd's primary business is the wholesale distribution of alcoholic drinks. The turnover for the year was £96.4 million (2009 – £88.65 million) with a pre-tax profit of £7,186,471(2009 – £5,160,456). Profit after tax was £5.2 million compared to £4m the year before. The company has several subsidiaries including EFB Retail and wholesaler John Stephenson & Sons (Nelson) Ltd. There are also three companies using the Wine Cellar name who are indirectly owned subsidiaries.

Whittalls Wines Ltd is a subsidiary of EFB Holdings Ltd and had a turnover of £464,000 in the year to 31st January 2010 compared to £264,000 the previous year. It made a post tax profit of £221,743.


Cotton Jack said...

The branches bought are, in the main, the London and Scotland branches - the heart of the estate - and yet the name of the company has not been bought. While I'm delighted that the employees of these branches will continue to have employment, I think this means that Oddbins, as we have known it, is dead.

Maybe the name will be used by a website trading in the modern day equivalent of the original business - buying odd bins of wine and selling at good prices. Not a bad thing, I suppose, in itself.

But oh so sad.

Jim's Loire said...

Anon. Your comment on EFB cannot be published without further details.