Green light for Nisa demerger

  • Print
  • Share
  • Comment
  • Save

Nisa-Today’s members have backed the board’s plans to demerge its retail and wholesale arms.

The buying group’s members overwhelmingly voted in favour of separating Nisa and the Today’s Group at its agm in Scunthorpe this week, paving the way for the split to take place early next year.

The plan was announced in April and the group said the move would allow both companies to better tailor their individual strategies. Today’s will continue to trade through Nisa’s central distribution and both parties will pursue joint buying or distribution opportunities if possible.

Have your say

These comments have not been moderated.

You are encouraged to participate with comments that are relevant to our news stories. You should not post comments that are abusive, threatening, defamatory, misleading or invasive of privacy. For the full terms and conditions for commenting see clause 7 of our Terms and Conditions ‘Participating in Online Communities’. These terms may be updated from time to time, so please read them before posting a comment.

Any comment that violates these terms may be removed in its entirety as we do not edit comments.

If you wish to complain about a comment please use the “report this comment” facility or email groceremails@wrbm.com

Mandatory
Mandatory
Mandatory
Mandatory
  • Print
  • Share
  • Comment
  • Save
Sign in

Newsletter Sign-up

Free

I wish to receive the following newsletters:

For Members

Become a Gold Member to receive these newsletters:

Become a Finance Member to receive these newsletters:

Become a member of The Grocer

DIRECTORY

The+Grocer+Directory

CLICK HERE to search for the products, services and companies you need in the definitive guide to the UK food and drink industry.

FOLLOW THE GROCER

The Grocer's commentators and opinion makers