World News

Industry news and insights from Europe and around the World

UK News

Latest news and developments in the United Kingdom

Products

Keep up-to-date with the latest new products and technology

Features

General articles, applications and industry analysis

Tesco’s Booker deal creates food giant

UK: Tesco’s £3.7bn purchase of the Booker Group, owner of Budgens and Londis, has created the UK’s leading food business.

The Booker Group plc is the UK’s largest food wholesale operator, offering branded and private-label goods to over 400,000 customers, including independent convenience stores, grocers, pubs, and restaurants.

The Budgens and Londis grocery chains became part of Booker in May 2015 after the £40m acquisition of the Musgrave Group.

Commenting on today’s announcement, Dave Lewis, chief executive officer of Tesco, the world’s third largest retailer, said: “Tesco has made significant progress in turning around our UK retail business. This Merger with Booker will further enhance Tesco’s growth prospects by creating the UK’s leading food business with combined expertise in retail, wholesale, supply chain and digital. Wherever food is prepared and eaten – “in home” or “out of home” – we will meet this opportunity with the widest choice and best service available.”

Latest News

20th February 2024

F-gas regulation published in Official Journal

EUROPE: The new F-gas regulation has now been published in the EU’s Official Journal, making it legally binding and entering into force in 20 days.
20th February 2024

Carrier Germany increases heat pump training

GERMANY: Carrier Germany is offering new hydraulics training courses  at its training centre on the IKKE campus in Duisburg to support the growing demand for heat pump expertise. 
20th February 2024

Oceanair acquired by builders’ merchant MKM

UK: Air conditioning and heat pump distributor Oceanair UK has been acquired by MKM, the independent builders’ merchant.
20th February 2024

Carrier to build factory and R&D facility in Saudi Arabia

SAUDI ARABIA: Carrier is to build an advanced manufacturing and R&D facility in Saudi Arabia in a partnership with Alat, a new Riyadh-based public investment fund company.
19th February 2024

BDN offers high level monitoring

IRELAND: The first installation of Bitzer’s Digital Network (BDN) in Ireland is providing high-level monitoring, system diagnostics and optimisation for an award-winning deli food specialist.
19th February 2024

Manchester receives heat pump training boost

UK: Daikin UK in partnership with the Green Skills Academy is to deliver the first heat pump training programme for college tutors and staff at nine Greater Manchester colleges.