What are the opportunities from Tesco buying Booker?
31 January 2017
Booker, the UK’s biggest food wholesaler has agreed to a deal which will see Tesco, the UK's largest supermarket chain, take over the group. The companies have unveiled an agreed share and cash merger that values Booker at £3.7bn, “to create the UK’s leading food business”.
Clearly, Booker’s reach across wholesale, retail and foodservice is what appealed to the retail giant. Undoubtedly, the combined entities would create a buying power unseen before in the UK.
View our graphic to see what Jill Livesey, MD at HIM! thinks of the news as well as some insight on Booker wholesaler from our recent nationwide wholesale research study.
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