Choppies moves to take over Kamoso

According to filings made public by the Competition and Consumer Authority this week, CDC, which is Choppies’ operations unit in Botswana, hopes to secure approval for the Kamoso takeover which will grant access to the group’s well-known divisions such as Liquorama, Builders Mart, Mediland, Lemepe, Mont Catering and Refrigeration and others.

At present, Kamoso is owned by private equity units linked to Rand Merchant Bank and Ninety One (formerly Investec), the Botswana Development Corporation (BDC) as well as Ramachandran and Narayanan Ottapathu. CDC’s proposed transaction appears to involve taking over all the shareholding not currently owned by the BDC.