The Tribunal has unconditionally approved the large merger between Dis-Chem Distribution (Pty) Ltd (“Dis-Chem Distribution”) and CT Distribution Centre (Pty) Ltd (“CTDC”) and KZN Warehouse (Pty) Ltd (“KZN Warehouse”). Upon implementation of the proposed transaction, Dis-Chem Distribution will exercise sole control over KZN Warehouse and CTDC.
Dis-Chem Distribution is a wholly owned subsidiary of Dis-Chem Pharmacies Limited (“Dis-Chem”). The Dis-Chem Group is active along the pharmaceutical supply chain ranging from wholesale distribution, logistics and online stores to the operation of retail pharmacies. The Dis-Chem Group also conducts wholesale distribution of pharmaceutical products and front shop goods.
CTDC owns a warehouse complex in Cape Town and KZN Warehouse owns a warehouse complex in KwaZulu-Natal. The distribution centres of the target properties are leased to Dis-Chem Distribution.
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