Loading...
See More

Shoprite expands in Mauritius

Sep 15 2011 18:17
Reuters

Company Data

SHOPRITE HOLDINGS LIMITED [JSE:SHP]

Last traded 172
Change 1
% Change 0
Cumulative volume 16550
Market cap 0

Last Updated: 02-07-2015 at 09:31. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Shoprite gears up to take on Walmart

Shoprite beats profit expectations

Shoprite-Metcash merger gets nod

Shoprite to miss sales forecasts

SA retailers lose allure after Walmart

Retail competition to increase imports

 
Port Louis - Shoprite Holdings [JSE:SHP], the continent's biggest grocery retailer, acquired two supermarkets in Mauritius, it said on Thursday, as it increases its footprint in Africa.

Kaddy Plus as the stores are named are situated in the capital city, Port Louis and in Tamarin on the West coast of the island.

"This acquisition is in line with the group expansion strategy on the island," Shoprite said in a statement, without saying how much it spent.

Shoprite has been present in Mauritius for eight years, and their most recent acquisition brings their branches to three.
shoprite  |  africa  |  mauritius

NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

SMALL BUSINESS

There are no formal training requirements for becoming a beautician in South Africa. But it is highly recommended you complete a course in beauty therapy.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

SA’s new visa regulations are:

Previous results · Suggest a vote

Loading...