Skip to main content

Fruit and Veg gets approval for Glen Aire takeover

| On the move

A bid by Fruit and Veg to take ownership of Glen Aire Butchery Businesses has received the nod from the Competition Tribunal.

 The Tribunal approved the deal which would enable Glen Aire Butcheries to be fully owned by Fruit and Veg City.

Fruit and Veg, is a wholly owned subsidiary of Food Lovers, engaged in wholesale, distribution and retail of fresh produce, groceries and other food related to end customers.

Glen Aire Butcheries are involved in the sale of meat and chicken products to retail customers.

 

Pin It

Related Articles

Woolworths Foods gets new CEO as Rylands confir...

By:  Helena Wasserman – News24 Zyda Rylands, the CEO of Woolworths Foods, will be leaving the company at the end of August, the group confirmed on Thursday (14/03/2024).

Checkers is printing money with Sixty60

By: Bianke Neethling - MyBroadband Since launching in 2019, Shoprite’s Checkers Sixty60 on-demand grocery delivery service has shown exceptional growth and generates an estimated R10 billion annually.

Spar has big plans for its electrified Checkers...

By: Myles Illidge – MyBroadband Spar has a fleet of 65 electrified vehicles delivering goods through the retailer’s rapid online delivery service, and a combination of grid and solar power charges them. Blake Raubenheimer, omnichannel executive...

FNB says you can now earn eBucks rewards from S...

By: Ashley Lechman – Business Report One of the country’s largest and popular bank’s, FNB, has announced that customers will now be able to earn eBucks at SPAR retailers.

Saltzman family selling off the family silver a...

By: Edward West – Business Report The Saltzman family that founded Dis-Chem Pharmacies have sold properties and shares in the group worth about R15 billion last week.