Durham-based Lanchester Wines' acquisition of a luxury confectionery business has been named Insider's Deal of the Month.
Wetherby-based Bon Bon's (Wholesale) Ltd supplies independent retailers and visitor attractions. It is set to become part of Lanchester Wines' gifting division, Lanchester Gifts, which supplies a variety of gift box formats to retail businesses including major high street chains and online stores.
The company will continue to operate as a stand-alone business under the existing Bon Bon's brand with its directors and founders Mark Rowntree and Peter Julian continuing to manage the team.
The deal secured 91 jobs.
Rowntree said: "Both Peter and I firmly believe Lanchester Wines and Lanchester Gifts offer Bon Bon’s the right home for both the business and our team.
"Both companies possess a family business ethos and share many common values. This acquisition provides an excellent fit for the companies’ customers, suppliers and staff allowing us to grow with an extended knowledge-base."