Simonds Farsons Cisk plc - Merger of Beverage Operations

Farsons announced on 13 May 2009 that as part of its restructuring programme, the Group will be merging the operations of Guido Vella Limited and Anthony Caruana & Sons Limited into Wands Limited with the latter being renamed Farsons Beverage Imports Co. Ltd with effect from 17 June 2009.  The purpose of this restructuring exercise serves to further enhance the import companies’ relationship with customers, to simplify procedures and offer an improved level of customer service.

Farsons is currently strengthening its operations and investing in its business structure which will ultimately enable it to meet the various changes which are taking place in its industry.  Following this programme, Farsons will also be in a better position to reap further benefits from the market opportunities being presented. Farsons stated that the company will continue to operate its two main retail outlets – Farsonsdirect.com at Mriehel and its cash and carry at Qormi and has also started offering an online sales and delivery service.

Furthermore, the Group explained that Farsons Beverage Imports Co. Ltd has a strong portfolio of world-leading brands of wines, spirits, beers and non-alcoholic beverages.

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