BWG will sell Stonehouse stake as part of 4 Aces acquisition deal

Competition watchdog the CCPC sought a commitment from Spar and Mace owner BWG that it would dispose of 4 Aces’ shareholding of Stonehouse Marketing as one of the binding conditions of it clearing the deal

Retail group BWG will sell off part of its newly approved acquisition of 4 Aces, the Portlaoise-based convenience wholesaler, as part of the conditions of the deal getting approval.

Competition watchdog the CCPC sought a commitment from Spar and Mace owner BWG that it would dispose of 4 Aces’ shareholding of Stonehouse Marketing as one of the binding conditions of it clearing the deal.

The firm 4 Aces Wholesale Limited is a wholesaler-franchiser ...