Competition Authority receives Choppies/Supersave/Megasave Merger Notification

The Competition Authority has received a merger notification between Choppies Enterprises Limited [Choppies], Supasave (Pty) Ltd and Megasave (Pty) Ltd.

The proposed merger is in terms of Choppies acquiring all issued shares of Supasave and Megasave. Choppies is a service provider of fast moving consumer goods with 53 retail stores in Botswana and an estimated market share of 30% in the retail industry.

Supasave is similarly a service provider of fast moving consumer goods, while Megasave was incorporated for the purposes of sourcing and supplying stock to Supasave. Supasave operates 6 retail stores in Botswana and accounts for less than 1% of the national market share in the retail industry.

The Competition Authority therefore seeks public and stakeholder views or any relevant information on the proposed merger.