Nisbets’ founder named in Rich List

Andrew Nisbet made it onto the Sunday Times Rich List once again.

This year’s Sunday Times Rich List has once again included Andrew Nisbet and his family in its ranks.

The chairman of catering equipment supply giant, Nisbets, and his family are said to have an estimated £443m wealth, and are ranked 261st in the list.

This represents a growth of £3m from last year, though the ranking has fallen from 249th.

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Nisbet founded the Bristol-based firm in 1983 and from there it has gone on to become the largest catering equipment provider in the country.

Last year the firm posted another record annual turnover of £255.3m, an increase of 12.6% on the previous 12 months.

Nisbets also recently surprised the distributor market by taking a controlling stake in the Space Catering group.

Look out for Catering Insight’s exclusive full interview with Nisbets’ MD, Paul McMahon in our July print issue.

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