The South African Spar retailing group says it is positively cautious about the effects of Brexit for its retailing interests in Ireland and the southwest of England. The Johannesburg-stockmarket-listed group owns 80% of BWG Spar and operates chains in Ireland and England, under its Spar Ireland division.

Wholesaler BWG which is best known as the supplier to Spar, Eurospar, Londis, and other independent stores in the Republic says it plans to buy rival 4 Aces Wholesale.