Choppies gets conditional approval for Kamoso takeover

The deal, whose value has not been publicly disclosed yet, grants CDC access to the Kamoso group’s well-known divisions such as Liquorama, Builders Mart, Mediland, Lemepe, Mont Catering and Refrigeration and others. CDC is an entity wholly owned by Choppies Enterprises Limited, the country’s largest supermarket chain with 100 stores offering fast-moving consumer goods, including bakery, butchery, fresh fruit and vegetables, as well as fast food.

CDC filed its merger request in late January and the CCA on Monday announced the conditional approval in a statement.