A PROSPECTUS issued jointly by the boards of the Co-operative Group and United Co-operatives makes a powerful case for merging Britain’s two biggest retail societies.
The 24-page brochure, Stronger Together, says a merged society would expand its network of convenience stores and supermarkets by both organic growth and acquisition; pledges redundancies would be kept to a minimum and promises co-operative democracy will be safeguarded and enhanced.
The prospectus, which is being circulated to 42,000 active members and staff in both societies also pledges to maintain support for the UK and international Movement through organisations such as Co-operatives UK, Co-op College, the International Co-operative Alliance, the Co-op Party and Co-operative Press.
Introducing the prospectus, Bob Burlton, Chair of the Co-operative Group and Bill Hoult, President of United Co-operatives, say: “We are confident that if the societies join forces we will be better able to deliver the products, services and benefits our members and customers expect and deserve, helping to secure the co-operative sector’s place in the economy for many years to come."
• Full story in Co-operative News, published Tuesday March 20th.