Choppies, Sefalana turf wars resurface

Ottapathu
Ottapathu

Three years after engaging in a bitter acquisition battle that ended up at the courts of law, sworn rivals in the Fast Moving Consumer Goods (FMCG) cut-throat industry, Sefalana Holdings and Choppies are at it again.

This time around, a deal that Choppies CEO, Ramachandran Ottapathu is pursuing in his personal capacity has emerged as the eye of a storm that has reignited the fresh battle with competitor, Sefalana Holdings.

On Monday, Sefalana Holdings implored the Competition Authority (CA) to block a transaction in which Ottapathu seeks to buy four local companies, two of which are suppliers to the former.

Editor's Comment
Prosecutors deserve better

These legal professionals, who are entrusted with upholding the rule of law, face numerous challenges that compromise their ability to effectively carry out their duties.Elsewhere in this edition, we carry a story on the lamentations of the officers of court.The prosecutors have raised a number of concerns, calling for urgent attention from all relevant stakeholders, including the President, Minister of Justice and the Attorney General. Their...

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