Bestway announces plans to restructure CSG
The wholesaler reached an agreement to acquire CSG late last year in a deal that is expected to see Bestway Wholesale’s annual turnover expand to almost £3 billion, with a symbol, franchise and company store retail estate of more than 3,795 stores across the UK.
Naser Khan, chief operating officer at Bestway, will spearhead the integration programme.
Dahwood Perves, managing director of Bestway, said the two businesses would be integrated “seamlessly” in order to “unlock additional value” for customers and “streamline efficiencies” within the combined business.
“We want to ensure that all operating divisions are focused on delivering value for customers and streamline efficiencies within the combined business.
“We want to ensure that all operating divisions are focused on delivering value for our customers, and on elements that matter most to them in order to continue to deliver service excellence and accelerate growth.
“We all operate in a highly competitive and dynamic market and by aligning CSG’s structure and process within our broader business, this helps us prepare for the challenges and opportunities ahead.
“We will be looking to minimise job losses within this process, which will be unrolled over the weeks ahead. We recognise that these changes will be difficult for colleagues and we will be doing everything we can to fully support those affected,” he said.