Announced
Financials
Sources
Tags
Acquisition
Majority
Friendly
Domestic
South Africa
delivery
Private
Delivery Services
Single Bidder
Merger
Pending
Synopsis
Shoprite-owned Checkers, a FMCG retailer, and RTT Group, a delivery company, agreed to form a joint venture. "Owning the last mile home delivery aspect of our Sixty60 service is an important part of building out our digital ecosystem for customers,. This RTT On- demand joint venture will allow the group the opportunity to continue enhancing our order fulfilment and last-mile delivery capabilities," Pieter Engelbrecht, Shoprite Group CEO.
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