BDO DRINKS TO AUDIT GAIN AT VIMTO

摘要

BDO is to take over as auditors of Vimto makers Nichols following a competitive pitch which saw the firm replace rival Grant Thornton. As well as being famous for the Vimto soft drink, which was first made in Manchester in 1908 and is now sold in more than 70 countries, Nichols' brand portfolio includes Levi Roots, Weight Watchers and Sunkist. According to the company's 2013 annual report, Grant Thornton was paid £60,000 by Nichols for audit services during the year, plus an additional £17,000 for non-audit services. Tim Croston, group financial director at Nichols, said: 'Choosing an auditor is a big decision. BDO's experience with AIM companies, our sector and in dealing with international groups made them the perfect choice. They are also a great set of people that take pride in what they do and we're very much looking forward to working with them over the coming years.'