Buying group Nio Fem has merged with fellow Swedish group and BPGI member Kontorsman, a move which will strengthen BPGI’s hold in the local market and its competitive edge against OP retailers.
The merged Swedish group, called Nio Fem, now has a member base of 32 dealers with end user sales nearing $101 million, and boasts the most independently-owned OP outlets in Sweden.
Managing director of Nio Fem Jesper Hall said: "We believe the merger and membership in BPGI will afford us the opportunity to compete more effectively with global retailers and allow us to provide better value to our members."
Stockholm (SWE)
