Glasgow-based United Wholesale (Scotland) (UWS) is in the process of acquiring Time Wholesale Services in East London, SLR can reveal.
UWS, which operates three depots in Maxwell Road, Queenslie and the M9, is expected to complete the sale next month (June).
The acquisition will help to accelerate UWS’ five year plan to boost turnover to £500m by 2030.
Time was founded by Sony Bihal in 1999 and supplies groceries, alcohol, tobacco and household essentials from its cash and carry depot in Rainham.