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|Bestway Export
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|A United Kingdom wholesaler of British products around the world.
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|A distribution network delivery service in the United Kingdom.
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|Wine Rack
|Wine Rack
|A symbol group of independent off-licence stores in the United Kingdom.
|A symbol group of independent off-licence stores in the United Kingdom.
|100%
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|Xtra Local
|A depot-run promotional club in the United Kingdom.
|100%
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Revision as of 20:04, 23 April 2023

Bestway Wholesale Holdings Limited
Company typeSubsidiary
Private Limited Company
IndustrieRetail catering
Gegründet1976; 48 years ago (1976)
HauptsitzEngland, UK
Key people
Chairman: Sir Anwar Pervez
ProdukteCash and carry outlets
ParentBestway
Websitewww.bestwaywholesale.co.uk

Bestway Wholesale Holdings Limited[1] is the second largest food wholesaler in the UK. It trades from 62 warehouses[2] and is a supply partner to over 70,000 independent retailers and 40,000 catering and foodservice operators. Bestway Wholesale also operates the Best-one symbol group which has 1,400 members throughout the country. Over 3,500 independents have chosen their depot-run promotional club, Xtra Local, as their retail club of choice.[3] Bestway Wholesale is part of the Bestway Group.

History

In 1976 Sir Anwar Pervez established Bestway Wholesale's first wholesale warehouse in Acton, West London. This was followed by warehouses in Southall (1981), Hackney (1983), Park Royal (1984) before expansion around the country.

In January 2005 Bestway Group Chief Executive Zameer Choudrey CBE led the acquisition of Batleys plc for £100 million.[4] An OFT report published soon after the acquisition stated that the merged entity is the fourth largest national grocery wholesaler in the UK, with a 9.9% share of supply in grocery wholesaling as a whole and 15.9% share of supply in cash & carry alone.[5]

Batleys contributed towards expanding the Group's market share by 50%. In addition to organic growth over the years, the Group acquired Bellevue Cash & Carry's two warehouses in Edinburgh and Stirling in June 2010.[6][7] In November 2010 the Group went on to acquire the Martex Group[8] of three cash & carry warehouses and its food service operation from C J Lang.

In April 2014, the Group acquired Glasgow-based wholesaler Sher Brothers[9] and merged Sher Brothers into the Batleys brand.[10]

In April 2018, the company purchased the assets and brands of Conviviality Retail from administrators PwC for £7.25m. PwC partner Matthew Callaghan said: ‘This deal safeguards the jobs of more than 2,000 employees.[11]

In June 2018, the company acquired two Blakemore Wholesale's warehouses in Cardiff and Walsall.[12]

In December 2020, the company acquired symbol operator Costcutter Supermarkets Group for an undisclosed fee from Bibby Line Group. The Costcutter operations initially become part of Bestway's retail arm. This will involve the integration of around 1,500 stores branded Costcutter, Mace, Supershop, Kwiksave and Simply Fresh, along with 20 Costcutter and four Co-op franchise stores.[13]

Operations

Bestway Wholesale is the UK's second largest food wholesaler. It consists of several divisions each specialising in different areas of the wholesale market in the United Kingdom and also operates in the UK retail sector through a number of different branded symbol franchise outlets:

Subsidiaries of Bestway Wholesale Holdings Limited
Name Description Ownership
Bargain Booze A symbol group of independent off-licence stores in the United Kingdom. 100%
BB Foodservice A food catering service in the United Kingdom. 100%
Best-one A symbol group of independent convenience stores in the United Kingdom. 100%
Bestpets A trade-only supplier of pet products in the United Kingdom. 100%
Bestway Export A United Kingdom wholesaler of British products around the world. 100%
Bestway Vans Direct A distribution network delivery service in the United Kingdom. 100%
Bestway Wholesale A cash and carry and delivery company in the United Kingdom. 100%
Central Convenience Stores A symbol group of independent convenience stores in the United Kingdom. 100%
Costcutter A symbol group of independent convenience stores in the United Kingdom. 100%
Kwik Save A symbol group of independent convenience stores in the United Kingdom. 100%
Mace A symbol group of independent convenience stores in Great Britain. 100%
SimplyFresh A symbol group of independent convenience stores in the United Kingdom. 100%
Supershop A symbol group of independent convenience stores in the United Kingdom. 100%
Wine Rack A symbol group of independent off-licence stores in the United Kingdom. 100%
Xtra Local A depot-run promotional club in the United Kingdom. 100%

See also

References

  1. ^ "Bestway Snapshot : July 2013" (PDF). Lucyreid.co.uk. Retrieved 15 December 2015.
  2. ^ "Wholesale :: Bestway Group". www.bestwaygroup.co.uk.
  3. ^ "About us :: Bestway Wholesale". www.bestwaywholesale.co.uk. Retrieved 30 January 2019.
  4. ^ Finance (30 January 2005). "Bestway pays £100m cash to carry off rival chain". Telegraph. Retrieved 14 December 2015.
  5. ^ Administrator, Mediasurface (9 March 2010). "Completed acquisition by Bestway (Holdings) Limited of Batleys Limited". The Office of Fair Trading. Archived from the original on 2 April 2014. Retrieved 30 January 2019.
  6. ^ "Bestway Takes Over Bellevue". Scotland Food and Drink. 22 June 2010. Retrieved 14 December 2015.
  7. ^ Peter Cripps (21 June 2010). "Bestway snaps up Scots wholesaler Bellevue". Thegrocer.co.uk. Retrieved 14 December 2015.
  8. ^ Beth Brooks (22 October 2011). "Bellevue and Martex swell Bestway's sales". Thegrocer.co.uk. Retrieved 14 December 2015.
  9. ^ Beth Brooks (1 August 2014). "How Bestway transformed its Glasgow depot: in pictures". Thegrocer.co.uk. Retrieved 14 December 2015.
  10. ^ Beth Brooks (4 April 2014). "Bestway buys Glasgow wholesaler Sher Bros". Thegrocer.co.uk. Retrieved 14 December 2015.
  11. ^ Gerrard, Bradley (6 April 2018). "Bestway primed to save 2,000 more jobs with deal for Conviviality retail arm". The Telegraph. Retrieved 30 January 2019 – via www.telegraph.co.uk.
  12. ^ Bright, Emily (15 June 2018). "Bestway picks up Blakemore depots in Cardiff and Walsall". TheGrocer.co.uk. Retrieved 30 January 2019.
  13. ^ "Bestway snaps up Costcutter for undisclosed fee".