Spar retailer Botterills has been snapped up by Scotmid Co-operative Society.
Scotmid revealed last month that it was in talks to buy the Scots chain of convenience stores, which was 19th in The Grocer’s Top 50 ranking of independent grocery retailers.
The purchase, for an undisclosed sum, pushes Scotmid’s convenience estate to 200 stores.
“This is an exciting acquisition for Scotmid and is absolutely in line with our strategy to become Scotland’s preferred community convenience retailer,” said Scotmid chief executive John Brodie.
“The Botterills business is a great fit geographically, extending our branch network further west and south and bringing with it some very experienced people in the convenience sector.”
Botterills founder Jim Botterill said: “This is a difficult and emotional day for our family in letting go the reins of a business that has meant and still means so much to us.
“However, we had to look to the future and see how best we could look after our staff and customers.”
Scotmid eyes swoop for Spar chain Botterills (8 October 2010)
Supermarket sell-off bolsters Scotmid profits (30 September 2010)