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Bestway acquires Bellevue cash and carry in Scotland

21 June
08:21 2010

Batleys, the subsidiary of wholesaler Bestway, has agreed terms with Bellevue Wholesale in Scotland to purchase its two cash and carry branches at Edinburgh and Stirling.

In addition, Bestway has bought a site in Liverpool to build a new cash and carry depot.

Bestway Group chief executive Zameer Choudrey said: “We are delighted to have made this acquisition of Bellevue, which like ourselves is a privately run and family owned business.

“We have been keen to expand the group with the right properties and in the right place for some time. The acquisition of Bellevue will help us to continue to build the Batleys company, something we have always said we wanted to do in Scotland.

“The new Bestway depot in Liverpool will fill a gap in our portfolio in the North-west and follows our business strategy of building business for the independents. Both these moves further underline our continued investment and commitment to the whole of the independent sector.”

Bestway declined to reveal the amounts paid for either deal.

Bellevue has operated in Scotland for more than 40 years. It is owned and run by brothers Graham and George Benson, who will remain with the new company in consultancy roles.

The current senior management team will remain in charge of the day-to-day operations and will report to Martin Race, operations director of Batleys.

Graham Benson, managing director of Bellevue, said: “Being part of a much larger organisation will ensure progressive growth for Bellevue and provide added value for our large and loyal customer base.”

A strategic review will now be undertaken involving the senior management from both Batleys and Bellevue to “fully consider the future development of the new business”.

The new cash and carry depot in Liverpool will be operated under the Bestway name and the building will be operational this autumn.

The Bestway Group turned over more than £2bn last year, making pre-tax profits of £80.6m. It has 54 branches across England, Scotland and Wales.

Batleys was bought by Bestway in 2005 and has 19 branches with a further three specialist pet food depots.

Bestway’s 720-strong symbol group, Best-one, has 720 members and is also expanding in Scotland from England and Wales. It has added 20 new members since its launch north of the border earlier this year.

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