BWG sells off Bargain Booze

IRISH food and retail distribution business BWG Group has sold Bargain Booze Ltd, Britain’s fastest growing off-licence, to ECI Partners, in a deal worth €93 million.

ECI, a British buy-out specialist, is backing the existing management team and will support the expansion programme that Bargain Booze is pursuing.

BWG chief executive Leo Crawford said: “BWG can now focus exclusively on our grocery businesses in Ireland and the UK.”