Companies / South Africa
Tiger Brands Acquires Local OTC Firm
September 2006 | Company Finance AlertSouth African healthcare group Tiger Brands is to acquire local consumer health company Designer Group Holdings for an undisclosed fee. The purchase, which is subject to approval by the Competition Board, should strengthen Tiger's standing in the OTC market. Designer Group Holdings, which has turnover of around ZAR260mn (US$35.27mn) per year, markets brands including Protein Feed, and dermatological treatment Skin
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