Conaty Food and Catering Supplies has successfully completed the acquisition of Wicklow-based catering supplies wholesaler, Irish Distributors Ltd, for an undisclosed amount.
The deal is the latest growth milestone for Conaty’s, having recently launched Ireland’s largest hospitality showrooms in their Dublin depot. With company revenues set to exceed €50 million this year, Conaty's is now exploring additional acquisition opportunities with a focus on foodservice and hygiene companies in the Leinster region as potential takeover targets.
“Having tripled our revenues over the past five years and now set to hit €50 million in 2025, Conaty's is on the acquisition trail," said CEO Cathal Conaty.
"The deal for Irish Distributors Ltd marks a new phase for the company as we further diversify our offering and build on our relationships with our customer base of 3,000 businesses across the hospitality sector."
Established in 1970, Conaty Food & Catering Supplies is a family-owned business with depots located in Blanchardstown and Navan. With over 3,000 customers, Conaty’s supplies a range of Foodservice, Tableware, Glassware, Barware, Takeaway Packaging and Hygiene products.
Having recently launched Ireland’s largest hospitality showrooms in their Dublin depot, the firm continues to see strong growth from its diverse client base ranging from newly formed cafes and restaurants to established five-star hotels such as Adare Manor, Carton House and the K Club.
The deal to acquire Irish Distributors Ltd aims to primarily strengthen Conaty’s Hygiene offering, an area which has seen large growth particularly following the Covid-19 pandemic.
"We are currently exploring further acquisitions, have several significant online projects currently underway and plans to open a new distribution centre in the near future,” said Cathal Conaty.
