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 […]
Which? declares best-one UK’s favourite symbol group
A recent Which? study of the convenience store sector has seen Bestway Wholesale’s symbol offer, best-one, cement its position as the UK’s favourite symbol group. The research, covering over 6,800 […]
Bestway takes Select & Save business from Nisa
Bestway Wholesale has been awarded the delivery contract for Select & Save, ending the 65-store retail chain’s 15-year arrangement with Nisa. Following the signing, the C&C/wholesaler’s symbol development director James […]
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 […]
‘The multiples want to become wholesalers’ – Bestway’s Choudrey
Bestway Group chief executive Zameer Choudrey CBE (pictured) used the occasion of his company’s 17th annual retail development awards scheme to spell out the C&C/wholesaler’s position in the wider market […]
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 […]
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 […]
The Co-op is front runner in takeover race for Nisa
The Co-op has replaced Sainsbury as front runner in the takeover race for Nisa, with a figure of £140 million being mooted for the business. Sainsbury, whose name had been […]
