Acquisitions drive strong growth at NWF Group


 

Fuel, food and feed distributor NWF Group, owner of Boughey Distribution, saw pre-tax profit for the year ended 31 March 2020 grow 36.1% to £13.2m (2019: £9.7m). Revenue for the period increased by 2.4% to £687.5m with market share gains in fuels and feeds and solid performance in food. The group completed and integrated three fuels acquisitions during the year, increasing the scale of the business by over 20%. Food’s new 240,000sq ft warehouse, now fully racked, increased total storage capacity by 35% […]