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#Andrew Reitzer

Franchising

Metcash stands firm on Franklins purchase

Metcash isn’t backing down from its acquisition of Franklins despite a decision by the Australian Competition and Consumer Commission (ACCC) to appeal the Federal Court’s decision to allow the purchase of the business from South African retailer Pick n Pay.

Lorna Brett · 2 min
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Metcash (IGA) welcomes ACCC court action opposing Franklins buyout

Metcash, owner of IGA supermarkets and Australia’s largest independent grocery and liquor wholesaler, welcomes Federal Court action by the Australia Competition and Consumer Commission opposing Metcash’s plans to acquire the Franklins supermarket chain for $215 million.

David Olsen · 2 min