TFG given greenlight to buy Coricraft and Volpes

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TFG given greenlight to buy Coricraft and Volpes
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The retailer will buy 175-store group Tapestry Home Brands from Westbrooke Investments for R2.3bn

TFG, owner of multiple retail brands including Jet, @home, Sterns, Markham and Fabiani, has been given the green light to buy Coricraft, Volpes, Dial-a-Bed and its manufacturing divisions, the Competition Tribunal said, but with added conditions to the sale.

The retailer will buy the 175-store group, Tapestry Home Brands, from Westbrooke Investments for R2.3bn...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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