Members of Landmark Wholesale and the Today’s Group have overwhelmingly accepted plans to merge the two buying groups, with 96% of members voting in favour of the move.
The result of the members vote, which closed yesterday (September 6), means the two companies will become Unitas Wholesale Ltd and trade as one combined group.
In a joint statement, Landmark md John Mills and Today’s Group md Darren Goldney said: “We are absolutely delighted that our members voted to merge the two groups. Through enhanced scale, relevance and capability, Unitas Wholesale will be the sustainable wholesale business partner for its supplier base, creating an alternative route to market in the face of the consolidation that it taking place within the wholesale sector.
“The creation of Unitas Wholesale offers an incredible opportunity to support independent businesses and enable them to thrive,” concluded “Unitas will also create a new and exciting opportunity for suppliers, independent wholesalers and the thousands of independent businesses that we collectively serve.”
The merger will formally complete on October 31. Before then, both groups will go through a period of consultation and selection involving both management and staff to decide the structure of the new company.
Current 2018 joint business agreements between the two groups and suppliers will remain in place until the end of the calendar year. The Unitas Wholesale trading team will commence discussions with suppliers regarding 2019 terms once the merger has been completed