Two more Blakemore depots are sold
Double deal sees Bestway Wholesale acquire two depots
Blakemore Wholesale’s selling spree continued as Bestway snapped up two of the for-sale depots – taking the total number of deals to four.
Warehouses in Cardiff and Walsall are making the switch to Bestway, with the transactions expected to be completed in the coming weeks.
The news comes just hours after Parfetts revealed they were purchasing Blakemore’s Middlesbrough depot, while a handful of others are reportedly closing in the coming days.
The deal, which remains subject to completion, is for an undisclosed figure, while all 123 Blakemore staff members will transfer their employment when it’s finalised.
“We’re very excited to add these two well-located and sizeable depots into our estate, and to welcome the employees into the Bestway family as our new colleagues,” said Bestway Managing Director Martin Race.
“The addition of the Cardiff and Walsall depots will only make us stronger, enhancing our presence in these two key areas, and expanding our footprint and coverage in the UK.
“As a business, our mission is to be the Best Way for customers to Grow their Food and Drinks business and the purchase of these two depots will provide Bestway with the increased scale and reach to provide the best possible service to our customers, alongside our market-leading prices and promotions.
“The landscape in convenience retail is changing rapidly and we are committed to ensuring that Bestway Wholesale has the infrastructure to meet – and exceed – our customers’ requirements.”