Skip to main content
Search Results

Cedabond experiences membership, turnover growth

30th Mar 2017 - 09:22
Image
Cedabond
Abstract
Cedabond, the buying group for catering equipment, has experienced growth in membership and turnover, according to the Chairman’s Report for 2016.

By the end of 2016, Cedabond saw a year of growth with turnover exceeding £70 million, up 32.5% on the previous year and saw membership increase to 126, with 18 new suppliers. 

Cedabond executive director Phil Martin said: “We have run a steady ship this year. We have continued to improve our operation with all of the team working closely together. Despite Brexit, 2017 is looking very positive for Cedabond Members.

“Our Suppliers are working hard to minimise the effect of price increases on our Members and we are also looking at ways to reduce our own costs. We will be bringing more work to head office and have struck a deal with a utility management company in a bid to reduce our Members’ utility costs.”

Cedabond, established in 1977, is celebrating its 40th year.

Written by
Anonymous (not verified)