CENTRAL Co-op is set to grow after members of another organisation voted to back a transfer.
Chelmsford Star Co-operative Society confirmed the move to the Lichfield-based business following two meetings which saw a majority support the move.
It will mean the combined society will operate over 500 trading sites with a turnover of nearly £1billion.
The agreement will see Chelmsford Star’s trading name and heritage retained.
Barry Wood, CEO of Chelmsford Star Co-operative Society, said:
“This was a significant decision for our members and colleagues. I want to thank them for their thoughtful engagement and care throughout this process.
“We recognise that change brings uncertainty, but this transfer is rooted in a desire to protect jobs and ensure long-term sustainability in a challenging environment.
“We’re joining with a like-minded co-operative that shares our values and will help carry forward the legacy of Chelmsford Star Co-operative for years to come.”
Debbie Robinson, CEO of Central Co-op, added:
“We’re pleased to welcome Chelmsford Star into Central Co-op.
“This transfer is a significant step forward for both societies, reinforcing the strength of co-operation in action. It enables us to grow in scale and stability, while staying true to our shared values.
“We’re committed to working closely with Chelmsford Star members and colleagues to ensure a smooth and respectful transition – one that secures long-term sustainability and allows us to continue making a real difference in the communities we serve.”
The official transfer date will be 15th September.
