Booths snaps up supplier

Booths, the high quality supermarket chain, has bought a large share of one of its suppliers in a bid to firm up its supply chain.

For an undisclosed sum, Booths has bought the Preston buildings and operation of wholesale fruit and veg firm Sharrocks, whilst a new company has been formed to handle all non-Booths activity, which accounts for around 40 per cent of trade.

It is the first time Booths has acquired a supplier in its 166 year history.

"We pride ourselves on the strong relationships we have with all our suppliers and this acquisition will enable us to be even closer to our fruit and vegetable producers, creating a more transparent supply chain. “