The UK's leading wholesaler, Booker Group has welcomed the announcement from the Competition & Markets Authority that it has cleared the acquisition of Musgrave Retail Partners GB, which comprises the Londis and Budgens businesses.
Completion of the acquisition is expected to occur on or before 14 September 2015.
In light of the news, Booker has brought forward its September trading update, which relates to the 10 weeks to 28 August 2015.
Non tobacco like-for-like sales were up by 0.5%, and total sales were down 2.0%, with non tobacco up 0.1%.
Booker Wholesale with Makro, the cash and carry division, had solid results.
Delivered wholesale businesses Booker Direct, Chef Direct, Classic and Ritter all experience a positive period.
Booker Group remains on course to meet expectations for the year ending 25 March 2016.