By acquiring the rival Top Track 100 cash-and-carry firm L Batley for £100m this year, Bestway almost doubled its number of outlets to more than 50. Sir Anwar Pervez founded Bestway as a single Asian food store in London in 1962, but it has diversified in recent years. It now has a London mill that processes and packs rice. It runs an £80m cement plant in Pakistan and has a 26% stake in Pakistan’s third-largest bank, UBL. Sales totalled £1,115m in 2004, inc- luding a contribution from associated company Bestway Northern.

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Company details
CompanyBestway Group
LocationWest London
Sales £m1,115
Profit £m33
Year endJun 04
Principal shareholdersPervez family (61%), management (39%)

If applicable:

* Supplied by company † Annualised figure