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Somerfield ( / ˈsʌmərfiːld / ;) was a chain of small to medium-sized supermarkets operating in the United Kingdom. The business started life in the 19th century as grocers J. H. Mills, and after a series of buyouts and mergers, the company became known as Gateway.
Somerfield stores offer a range of own-label foods, ready meals and wines. The supermarket’s own-label brands consist of the ‘Best Ever’ premium food range, the low-price ‘Simply Value’ range and the healthy eating, low-calories range called ‘Healthy Choice’.
Feb 13, 2023 · February 13, 2023. Miles Hadfield. The Co-op Group says it will contest a £450m legal claim from the liquidators of The Food Retailer Operations Ltd, relating to the Somerfield chain of supermarkets. The Group purchased Somerfield in 2009 for £1.565bn, and sold it in 2016 to The Food Retailer Group Limited, part of retail investor Hilco’s ...
Apr 8, 2008 · Co-op, the only bidder for Somerfield, initially offered about £1.7bn but revised its offer late last week. It is thought the consortium that owns Somerfield – made up of Apax Partners,...
- Gwen Robinson
Feb 10, 2023 · February 10 2023. Neil Hodgson. Write a comment. A legal claim of more than £450m has been lodged against the Manchester-based Co-operative Group. The group revealed the claim in a stock exchange...
Mar 2, 2009 · The Co-operative Group, the UK’s largest mutual retailer, has completed its £1.565bn acquisition of the Somerfield supermarket chain. The deal propels The Co-operative into the “premiership” of food retailers, creating a stronger fifth player in the UK grocery market with 8 per cent market share and 3,000 stores generating annual sales ...
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Mar 18, 2016 · By Mark Kleinman, City Editor. Friday 18 March 2016 17:24, UK. The Co-op paid nearly £1.6bn to buy Somerfield in 2008. Why you can trust Sky News. The Co-operative Group is in talks about offloading scores of former Somerfield stores as it sheds the final link with the most disastrous acquisition in the mutual's history.
