This employee-owned wholesaler, based in Hove, East Sussex, supplies more than 90,000 convenience stores with 11,000 products, from cigarettes to ice cream. A joint venture with Costcutter, set up in 2013, saw it transfer control of 800 of its own shops, creating the UK’s second largest convenience store player, trading as Mace, Supershop and Your Store. Under chief executive Chris Etherington, 62, Palmer and Harvey is now focusing on wholesaling and distribution.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
Year2015
Rank5
CompanyPalmer and Harvey
ActivityWholesale distributor
LocationEast Sussex
Sales £m4,197
Profit £m30
Year endApr 14
Principal shareholdersManagement and employees (54%), former employees (46%)
Staff3,706
Founded1925
Websitewww.palmerharvey.co.uk

If applicable:

* Supplied by company † Annualised figure