Bibby Line Group agrees sale of Costcutter Supermarkets Group to Bestway Wholesale


 

Bibby Line Group has agreed the sale of Costcutter Supermarkets Group (CSG) to Bestway Wholesale – the UK’s largest independent wholesaler. CSG has reported a significantly improved performance over the last two years, following investment in key areas of the business. During the 12 months to 31 December 2019, CSG’s sales rose by 10% to £426m, with EBITDA increasing by more than £9m to £5.1m. The agreement completes the planned strategic realignment of Bibby Line Group’s portfolio, following the sale […]