Andrew Nisbet Explained

Andrew Nisbet
Birth Name:Andrew Nisbet
Nationality:British
Occupation:Businessman
Organization:Founder of Nisbets
Director of Key West Holdings
Founder and Trustee of The Nisbet Trust
Website:https://www.keywestholdings.co.uk/

Andrew Nisbet (born August 1960)[1] is a British entrepreneur and Director of Key West Holdings, which holds his family's business interests and property.[2] He is also founder of catering supplies retailer Nisbets Plc.[3] [4]

Between 2012 and 2013, he was High Sheriff of Bristol.[5] [6] [7]

Early life

After leaving school in 1978, Nisbet joined his father's business, Peter Nisbet & Co.[8] The business distributed catering equipment in the South West England.

Career

In 1983, Nisbet founded Nisbets, originally selling knives, catering clothing and textbooks to catering students.[9] [10] The business launched a mail-order catalogue in 1987 and moved into wholesale in 1990.[11]

Between 1995 and 2017 the business expanded internationally.[12] [13] As of 2023, the majority of the company's sales were online.[14]

In 2024, Nisbet sold an 80% stake in the business to Bunzl at a valuation of £500 million.[15] [16]

In 2014, Nisbet became a Director of Key West Holdings, which holds his family's business interests and property.[17] [18]

Personal life

Andrew Nisbet lives in Bristol, UK with his wife Anne.[19] [20] [21] The couple have argued that family businesses play a fundamental role in the British economy.[22] [23]

In 2012, the Nisbet family founded The Nisbet Trust, which provides grants to charitable organisations in the Greater Bristol area.

Between 2012 and 2013, Andrew Nisbet was High Sheriff of Bristol.[24] He sits on the Board of Bristol Music Trust.[25]

Since 2001, Nisbet has been a member of The Society of Merchant Venturers, a private club whose membership is invited "from individuals who have been successful in their chosen area of business".[26] [27]

Notes and References

  1. Web site: Andrew NISBET – Personal Appointments (free information from Companies House). beta.companieshouse.gov.uk. en. 15 March 2018.
  2. News: Watts. Robert. Rich List 2019: profiles 251–298=. The Sunday Times.
  3. Web site: Andrew Nisbet ranked 251st richest person in the UK. Andrew Seymour. 14 May 2018. Foodservice Equipment Journal. en-GB. 17 April 2020.
  4. Web site: Catering Insight – Andrew Nisbet’s maintained wealth drops his Rich List placing. Nicholls. Clare. 15 May 2019. Catering Insight. en-US. 17 April 2020.
  5. Web site: Andrew Nisbet – Nisbet Trust. en-US. 17 April 2020.
  6. Web site: Trustees / About us / Colston Hall. office: 0117 203 4040hellocolstonhall.org. Box. Colston Hall. 17 April 2020.
  7. Web site: Ex-marine honoured after helping women being threatened in Lysander Road. 11 October 2012. Patchway Journal. en-US. 17 April 2020.
  8. Web site: Lifetime Achievement Award: Andrew Nisbet. Direct Commerce. https://web.archive.org/web/20180215023830/http://www.directcommercemagazine.com/UserContent/doc/12409/Lifetime%20Achievement%20Award.pdf. 15 February 2018. dead.
  9. News: Catering for demand. 8 April 2013. Catering Insight. 15 March 2018. en-US.
  10. Web site: Catering Insight – Meet your 100 Greats: People, part 3. Nicholls. Clare. 22 April 2020. Catering Insight. en-US. 23 April 2020.
  11. News: Nisbets – Fast Track. TWK. Fast Track. 15 March 2018. en-GB.
  12. Web site: Brexit test for UK’s top exporters and innovators. Groom. Brian. 20 April 2017. Financial Times. en-GB. 15 March 2018.
  13. News: Bristol Rich List 2016 revealed: Who is worth the most money this year. Cooper. Marc. 19 October 2016. bristolpost. 15 March 2018.
  14. Web site: Andrew Nisbet's £500m fortune 'unchanged' according to latest Rich List. Andrew Seymour. 13 May 2019. Foodservice Equipment Journal. en-GB. 17 April 2020.
  15. Web site: Lea . Robert . 26 February 2024 . Catering equipment king set for multimillion-pound payout . The Times.
  16. News: 2024-02-26 . Bunzl acquires Nisbets in £500m equity value deal . 2024-04-07 . Catering Insight . en-GB.
  17. Web site: KeyWest Holdings . 15 March 2018 . www.keywestholdings.co.uk . en-US.
  18. News: In defence of family businesses . 15 March 2018.
  19. Web site: Nisbet Trust. www.nisbettrust.co.uk. en-US. 15 March 2018.
  20. News: Andrew and Anne Nisbet. 27 April 2008. The Sunday Times. 15 March 2018. en. 0956-1382.
  21. Web site: Bristol and The Royal Family. Lord Lieutenant Bristol. en. 17 April 2020.
  22. Web site: Viewpoint: Family businesses are at the heart of our communities – philanthropy should start there, says Andrew and Anne Nisbet. 2 July 2018. Family Capital. en-GB. 17 April 2020.
  23. Web site: Andrew Nisbet urges entrepreneurs to consider building family businesses that last. Foodservice Equipment Journal.
  24. News: The London Gazette. The London Gazette.
  25. Web site: Charity Details. 2 September 2020. beta.charitycommission.gov.uk.
  26. Web site: Our Members. 15 June 2020. The Society of Merchant Venturers. en-US.
  27. Web site: FAQ. 15 June 2020. The Society of Merchant Venturers. en-US.

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