The consultants behind Habibo’s take over of Shoprite in Madagascar

The consultants behind Habibo’s take over of Shoprite in Madagascar

The Madagascan family-owned food group, chaired and managed by Malik Karmaly, is buying the ten supermarkets of the South African retailer Shoprite in Madagascar, with a total surface area of almost 10,000 m2, for a sum that is still confidential. 

Someone shares this article with you
            ▪ The consultants behind Habibo’s take over of Shoprite in Madagascar

▪ The Madagascan family-owned food group, chaired and managed by Malik Karmaly, is buying the ten supermarkets of the South African retailer Shoprite in Madagascar, with a total surface area of almost 10,000 m2, for a sum that is still confidential. 

https://www.africabusinessplus.com/en/809174/habibo-takes-over-shoprite-in-madagascar-and-partners-with-systeme-u/

As part of this takeover of Shoprite, which will be effective from 2022, Habibo signed a commercial partnership with the French cooperative group Système U.

This article is for subscribers only. To read more, subscribe with a special offer.

You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.

Recommended articles

Renewable energies

28/01/2021 at 17h56, by Africa Business+, updated 29/01/2021

Otmane Hajji’s GreenYellow signs with Pick n Pay and Shoprite and aims for Morocco

The Casino Group subsidiary is strengthening its retail footprint in Africa, one of its key markets,...

Large-scale distribution

06/05/2020 at 16h46, by Valentin Grille

Following a store closure in Kenya, Shoprite plans to make cutbacks in Southern Africa

The Capetonian retail giant is struggling off-base as the Kenyan retail market moves towards consolidation.

Any questions ? contact us

Please get in touch with the Africa Business+ team if you require any further information.

Email us : [email protected]

Add AB+ to your home screen

1. Click on + at the bottom of your screen.

2. Click on + to add AB+ on the home screen.

3. Enter the name of the shortcut and confirm.