The Competition and Consumer Authority (CCA) of Botswana has received a notification regarding a significant merger in the retail furniture market. Joshua Doore Russells Botswana Proprietary Limited (JD Botswana) is seeking to acquire the retail furniture business, along with the claims, rights, and interests, of Retail Holdings Botswana Proprietary Limited (Retail Holdings).
If approved, this acquisition will transfer ownership of Retail Holdings’ retail furniture business—including its 16 OK Furniture stores and one House & Home store in Botswana—to JD Botswana.
Key Players in the Merger
JD Botswana is part of the Pepkor Holdings Limited group, a publicly traded company listed on the Johannesburg Stock Exchange (JSE). JD Botswana operates well-known retail brands such as Bradlows, Sleepmasters, HiFi-Corp, and Incredible Connection, with a total of 19 stores in Botswana.
Retail Holdings is wholly owned by Shoprite International Limited, which falls under Shoprite Holdings Limited. Shoprite Holdings, also listed on the JSE, operates across various African markets.
Impact on the Market
This proposed merger is expected to consolidate JD Botswana’s position in the local furniture retail market, expanding its footprint and customer reach. Stakeholders and consumers are encouraged to provide their feedback on the merger’s potential impact, including any concerns about competition or market fairness.
Stakeholder Input
Under Section 50(3) of Botswana’s Competition Act of 2018, the CCA invites public comments on the proposed merger. Feedback can be submitted within 10 days of this notice to:
Director, Mergers and Monopolies
Competition and Consumer Authority
Private Bag 00101
Plot 28, Matsitama Road, Main Mall, Gaborone
Tel: +267 3934278 | Fax: +267 3121013
Email: [email protected]
This merger marks a potential shift in Botswana’s furniture retail landscape, with implications for both businesses and consumers.
