BWG’s €23m acquisition of Londis cleared by watchdog
Move gives company a near 50 per cent share in Ireland’s retail convenience market
The Londis franchise supplies about 200 stores in Ireland which generate about €195 million in annual sales.
BWG believes Londis will complement its existing retail operations which comprise 1,175 Spar, Eurospar, Mace and XL symbol stores in Ireland and Britain.
Welcoming the announcement, BWG chief executive Leo Crawford said: “Londis is a great food retail brand with a rich heritage in Ireland spanning over 60 years.
“Following today’s very positive decision, BWG’s focus will now be on growing and developing Londis in Ireland as part of our portfolio of market leading convenience brands, and we look forward to working with our newest retail partners around the exciting plans we have for Londis retailers and the brand.”