Co-operative Group Limited to acquire Southern Co-operative Limited

Co-operative Group Limited has agreed to acquire Southern Co-operative Limited in a strategic acquisition within the Consumer & Retail sector. Both entities are based in the United Kingdom, with the transaction announced on 4 June 2026. The deal involves the purchase of the target company by the buyer, though the specific financial consideration and deal value have not been disclosed to the public. No details regarding the form of payment or specific regulatory conditions have been reported at this stage.

The transaction remains in the possible offer phase as the parties have not yet reached a finalised agreement. Southern Co-operative Limited continues to operate independently while the potential acquisition is under discussion. The deal is subject to further negotiations and potential regulatory scrutiny before any completion can occur. The transaction is subject to regulatory approval.