Co-op Group and Southern Co-op Group plan to merge

The Co-op Group and Southern Co-op have announced plans to merge into a single, larger UK co-operative society.

If approved, the merger would see Southern Co-op's 300,000 members join the Co-op Group’s existing seven million.

The Boards of the Co-op Group and Southern Co-op have announced proposals to join forces to create a co-operative society with greater scale, resilience and impact for members, customers, colleagues and communities across the UK. (Image: NQ)

Debbie White, chair of the Co-op Group, said: "The co-operative model is more important than ever for the health and success of communities across the UK, and a combined co-operative, bringing together over 300 years of co-operative experience, will provide new and strengthened opportunities for members, customers, colleagues and suppliers of both of our co-operatives."

The proposal regarding the plan to merge is subject to approval by Southern Co-op members and regulatory clearance.

If approved, the transfer of engagements could take place in the third quarter of 2026.

Ben Stimson, chief executive of Southern Co-op, said: "The Co-operative Group shares our values and our commitment to democratic membership, ethical sourcing and fair reward, as well as our dedication to supporting local communities.

"By coming together, we can secure the co-operative future of Southern Co-op as part of a stronger combined Co-op Group, whilst creating an even stronger voice nationally and internationally to advance the co-operative cause."

Both organisations already work together through the Federal Retail Trading Society (FRTS) buying and supply group.

The Co-op Group operates more than 2,300 food stores, 800 funeral homes, and a wholesale business, while Southern Co-op runs over 300 food, funeral, and Starbucks branches.

Did you know you can make the Bournemouth Echo your preferred source of Bournemouth, Christchurch and Poole news in Google?

This means more breaking news and the latest must-read stories from your area.

Here’s what it means for you and how you can do it. 

https://www.bournemouthecho.co.uk/news/26003805.local-newsquest-title-preferred-source/