The competition tribunal yesterday unconditionally approved the acquisitions by Tiger Brands of Nestlé's sugar confectionery business and Bromor Foods.
In terms of the Nestlé deal, Tiger will now own the Wilson, Fruitips, Jelly Tots, Toffo and Toff-O-Lux brands. These brands, which generate an estimated annual turnover of R110 million, will complement Tiger's existing Beacon sweets range.
In terms of the R1.16 billion purchase of Bromor Foods from Cadbury Schweppes, Tiger will own the beverage brands Oros, Energade, Hall's, Monis and Roses. - Samantha Enslin, Durban