Spar to buy Food Lover's Market

| Tuesday May 13, 2014 12:40

 

Food Lover's Market PIC: MORERI SEJAKGOMO

The transaction involves Tsetseng Retail Group trading as Spar Supermarket, acquiring certain assets and undertakings of the Food Lovers Market Franchise Business operated by Kimbo Investments at Rail Park Mall in Gaborone.Tsetseng Retail Group operates 21 Spar supermarkets across Botswana while, Kimbo Investments operates  two  Food Lovers Market Franchise Stores in Gaborone. Both Tsetseng Retail Group and Kimbo Investments operate in the grocery retailing market in Botswana