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.
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▪ 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.
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