Retail entrepreneur John Lovering has confirmed that he is part of a consortium interested in bidding to takeover UK supermarket retailer Somerfield.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Lovering’s consortium also includes Bob Mackenzie, a former head of National Car Parks. Lovering himself is a former chairman of DIY group Homebase and Odeon Cinemas.

In a short statement Mackenzie and Lovering confirmed their interest and said they had submitted a proposal which “which may or may not lead to an offer being made”, reported BBC Online.

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now