Scotmid snap up 13 Spar stores

SCOTMID Society has acquired 13 Spar stores for an undisclosed sum. The purchase of the stores - which are in Edinburgh, the Lothians and Fife and were owned...

SCOTMID Society has acquired 13 Spar stores for an undisclosed sum.

The purchase of the stores – which are in Edinburgh, the Lothians and Fife and were owned by Stanley Sokolowski and his family (operating under the name SCS (Scotland) Ltd) – continues Scotmid&#039s successful acquisition policy and takes the society&#039s overall store portfolio, including outlets in Northern Ireland, to 215.

Scotmid Chief Executive Colin Bird said: `Following the purchases of M&S Toiletries and a funeral services business in Motherwell, this deal keeps us on track with our pro-active acquisition trail.

`The Spar stores we have purchased range in size from 750sq ft through to 2000 sq ft; employ 189 staff and are already an important and integral part of their local communities. They provide an excellent fit with our already thriving food operation. We will shortly announce a programme of re-branding from the Spar name to Scotmid.

`We are continuing our search for further acquisitions and I am hopeful that over the next few months I will be in a position to make further major announcements.`

Mr Sokolowski added: `We were happy to sell our stores to Scotmid as their profile suits the community style stores that we operated.

`I am delighted that our customers will still have on their doorsteps convenience stores that offer great value and friendly service especially as it will still be the same faces behind the counter.`

The 13 stores are located in Edinburgh (four stores) Balerno, Dunbar, Dunfermline, East Calder, Haddington, Loanhead, North Berwick, Port Seton and Uphall.

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