All-clear given for the Co-op’s takeover of Nisa
Almost six months after Nisa retailers voted for the Co-op to take over the symbol/wholesale company, the £137.5 million deal has been approved by the Competition & Markets Authority. The […]
Nisa shareholders vote in favour of takeover by the Co-op
Shareholders in Nisa Retail have voted in favour of The Co-op Group’s offer to buy the chain for £137.5 million. Members voted 75.79% in favour and 24.21% against the proposed […]
Nisa board recommends £137.5m Co-op offer to members
The board of Nisa Retail has unanimously recommended to its shareholders an offer of up to £137.5 million from The Co-op Group. The Co-op Group’s offer to buy 100% of […]
Nisa Retail appoints Arnu Misra as interim CEO
Nisa Retail has appointed Arnu Misra as interim CEO. An independent non-executive director at Nisa since November 2016, Misra takes over from Nick Read, who recently announced his departure from […]
Nick Read steps down as CEO of Nisa Retail
Nick Read, chief executive officer of Nisa Retail, is leaving the company. As a result, the board of Nisa has engaged in a succession planning process. Read (pictured) joined Nisa […]
Peter Hartley named as interim chairman designate of Nisa Retail
Following the announcement that Nisa Retail chairman Christopher Baker MBE has decided not to stand for re-election at the company’s AGM on 29 September, Peter Hartley has been named as […]
Wholesale fruit & veg service through Nisa delivers 17% rise
Nisa Retail’s new wholesale fresh produce service, which was launched last month, has already led to a 17% volume increase in the category. The initiative has also made fresh produce […]
