The new Coop resulting from the merger of Coop Adriatica, Coop Northwest Consumers and Coop Estense will be the biggest cooperative of Italy, with 2,600,000 members, 4.2 billion in turnover, 334 stores – including 45 hypermarkets – and 19,700 employees. The Boards of Directors of the respective companies unanimously voted a guideline resolution giving the green light to the proposed merger of the three major consumer cooperatives of the Adriatico District, whose objectives and industrial and social content will be submitted in the coming months to the shareholders’ meetings of the cooperatives themselves.
“With this decision we want to contribute to supporting and relaunching the role and effectiveness of the cooperative mission, in the regions of both the North and the South of the country, confirming the suitability and utility of the cooperative model in very different social contexts” says a note.
