The Competition and Consumer Authority says it has received a merger notification for the proposed sale and purchase of a portion of a certain piece of immovable property being Lot 77806, Setloa, Gaborone, together with the developments thereon, from Meybeernick Investments (Pty) Ltd by Allmuss Botswana (Pty) Ltd.
The Acquiring Enterprise, Allmuss Botswana, is a property investment company duly incorporated with limited liability in accordance with the Laws of Botswana. Allmuss Botswana is wholly owned by Italtile Ceramics Ltd, which is in turn a subsidiary of Italtile Ltd. Italtile Ltd, is a leading franchisor retailer and manufacturer of tiles, bathroom ware and related products. Italtile Ltd operates as a national franchisor of its retail brands, Italtile Retail, CTM, TopT and U-Light. These companies are registered in South Africa.