Tesco to take over food wholesaler Booker

Tesco has announced that it is taking over food wholesaler Booker Group, creating what it says will be the UK’s leading food business.

Commenting on today’s Announcement, Dave Lewis, Chief Executive Officer of Tesco said: “Tesco has made significant progress in turning around our UK retail business. This Merger with Booker will further enhance Tesco’s growth prospects by creating the UK’s leading food business  with  combined expertise  in  retail,  wholesale,  supply  chain  and  digital.  Wherever food is prepared and eaten
–‘in home’ or ‘out of home’ –we will meet this opportunity with the widest choice and best service available.”

Commenting on today’s Announcement, Charles Wilson, Chief Executive Officer of Booker said: “Booker is  committed  to  improving  choice,  prices  and  service  for  the  independent  retailers, caterers and small businesses that we are proud to serve. We believe that joining forces with Tesco offers the potential to bring major benefits to end consumers, our customers, suppliers, colleagues and shareholders.”

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