Kiril Mischeff Announcement

Good Food Wines Limited, one of the UK’s leading suppliers of alcohol, vinegars, and condiments to
the food and beverage manufacturing industries has been acquired by Kiril Mischeff Limited, one of
Europe’s leading food and ingredient suppliers to the food and beverage manufacturing, foodservice
and retail sectors.

Privately owned since its incorporation in 1984, Good Food Wines operates out of its dedicated site
in Strood, Kent and employs c. 30 staff. The company prides itself on the high specification of its
products and service to its customers, who today include a wide array of the large group
manufacturers and many of the most reputable names in the food industry.

The acquisition of Good Food Wines will enable Kiril Mischeff to capitalise on significant revenue
synergies, thanks to the complementary product portfolios of the two businesses.

The current management team comprising Mike Yates and Stuart Medcalf will remain in place and
all current staff will be retained following the acquisition and the company will continue to trade as
Good Food Wines Limited.

Mike Yates, MD of Good Food Wines commented…“We are delighted to be working with Kiril
Mischeff and excited to continue to lead Good Food Wines at such an exciting phase of our growth.”

Dimiter Mirchev, MD of Kiril Mischeff Group commented…”The acquisition of Good Food Wines will
significantly strengthen the range of products and services that the Group will be able to provide,
and enhances both businesses. We welcome Good Food Wines and all its staff and management to
the Team, and look forward to a successful future together.