UK drinks supplier Waverley TBS has fallen into administration.

The company, which was formerly the wholesale unit of Heineken's Scottish & Newcastle arm, has seen two partners at Deloitte appointed joint administrators today (2 October). UK on-trade publication M&C Report claimed earlier today that Waverley's main rival in the UK, Matthew Clark, may look to buy the distributor.

Daniel Butters, leader of the restructuring services practice at Deloitte in the north-east, said: “WaverleyTBS is a prominent business within its industry and we are in negotiations with a number of interested parties who are keen to acquire the company.” Butters did not provide more specific details.

Based in Derbyshire, Waverley employs around 830 staff across the country.

To read Deloitte's statement, click here.

To view Waverley's full drinks portfolio, click here.