Costcutter sets up 13,000 sq ft HQ in Crawley for Buyco

Costcutter Supermarkets Group is setting up a 13,000 sq ft headquarters in Crawley for its Buyco joint venture with wholesaler Palmer & Harvey.

The joint venture company was formed in March last year and was set to transform the convenience sector in the UK through its £5 billion negotiating and buying power. At the same time, Costcutter signed a new eight year wholesale distribution contract with Palmer & Harvey.

The Buyco provides Costcutter with access to the largest volume buying power in the sector, resulting in the most competitive prices for its members as well as an industry-leading range of products and promotions at highly competitive prices.

The Buyco also allows Costcutter to meet the needs of its independent retailers and all of Palmer & Harvey’s existing independent retailers.