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Central England Co-operative, trading as Central Co-op, is a regional consumer co-operative in the United Kingdom, based in Lichfield and which trades from over 400 sites across the English Midlands and East Anglia. The business is owned and democratically controlled by its members who can stand for election to the board and who also share in ...
By 2017, it represented managers at the Co-operative Group, Central England Co-operative, Channel Islands Co-operative, Chelmsford Star Co-operative, East of England Co-operative, Heart of England Co-operative, Lincolnshire Co-operative, Midcounties Co-operative, Scotmid and Southern Co-operative. [2]
In May 2013, following the disposal of Albert Farnell and its last remaining dealerships, The Co-operative Motor Group ceased trading. However, Central England Co-operative continued to operate dealerships, in Lincoln (formerly Advantage Motor Group) and Loughborough (Empress Road Garage Services) under The Co-operative Motor Group name.
The Co-operative Group has 22 independent consumer co-operatives as corporate members or customer owners, including: Central England Co-operative; Channel Islands Co-operative Society; Chelmsford Star Co-operative Society; East of England Co-operative Society; Heart of England Co-operative Society; Lincolnshire Co-operative; The Midcounties Co ...
The Group notified Thomas Cook of its decision to sell, which required the plc to buy-out its stake. Under the terms of the deal, Thomas Cook paid £50M for the Group's 30% share and £5.8M for Central England Co-operative's 3.5% stake. A guaranteed minimum dividend of £31.9M was also paid, plus interest.
Co-operatives UK is a British co-operative federation described as "the central membership organisation for co-operative enterprise throughout the UK". [3] It was founded in 1870 as the Co-operative Central Board, changing its name to the Co-operative Union [4] before finally becoming Co-operatives UK following its merger with the Industrial Common Ownership Movement (ICOM) in 2001. [5]
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Today, there is one dominant, national society, The Co-operative Group, and a number of large regional co-operative societies such as Central England Co-operative, the Midcounties Co-operative and Scotmid. Many of these large co-operative societies have businesses in a number of sectors, are led by their values principles and owned by their ...
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