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Billionaire Christo Wiese’s Shoprite buys Africa’s largest coffee chain, Vida e Caffè, in $62 million deals after $16.8 billion annual sales
South Africa’s Shoprite has agreed to acquire 100% of Vida e Caffè, Africa’s largest coffee chain, as the retailer broadens its business beyond supermarkets after posting R270
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businessday.co.za
Beyond groceries: Shoprite set to buy Vida e Caffè’s 400 shops
Shoprite, Africa’s largest retailer, plans to acquire the 400-shop Vida e Caffè network, expanding into the coffee and quick-service restaurant market as part of its strategy to…
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Shoprite brews up deal using supply muscle in coffee market push
The group aims to diversify beyond groceries with its acquisition of Vida e Caffè stores
