ECF Asia Pacific incorporating Reward Hospitality is pleased announce the acquisition of Hisco PTY LTD. Subject to some final conditions, it is expected that completion of the sale will be effective 1st December 2022.
Throughout its 37-year history, Hisco has evolved into a strong and dominant hospitality supplier, cementing themselves as an industry leader to the catering, hospitality, accommodation, and healthcare sectors in the Western Australian market.
After a period of integration, Hisco will transition to ECF Asia Pacific’s largest operating brand; Reward Hospitality, and in doing so will create the most dominant hospitality supplier in Western Australia. This exciting acquisition solidifies our position as Asia Pacific’s leading hospitality and care supplier and cements our commitment to servicing this important market.
Becoming a part of ECF Asia Pacific will provide Hisco with access to a broader and more comprehensive product offering, larger inventory depth, digital tools, and access to global group support. Utilising our sophisticated distribution network and broad product offering will enable Hisco to expand their product and service repertoire to better service their customers.
“The importance of maintaining local management is essential to success and is something ECF Asia Pacific have an ongoing commitment to,” said David Bull, Managing Director, ECF Asia Pacific and CEO, Reward Hospitality.
“We are thrilled to confirm Brett Thompson and Alex England will continue to lead the company at a local level, and we look forward to welcoming them into our management team.”
ECF Asia Pacific would also like to acknowledge Murray McHenry, who founded Hisco in 1985 and played an integral role in sculpting it into the successful business it is today.
“We wish Murray all the best with his personal endeavours. We are confident this acquisition will deliver benefits to customers, staff, suppliers, and shareholders and confirms our commitment of being the distributor, employer and supplier of choice in Asia Pacific.”