Competition Commission probes Premier over canning factory closure
The South African Competition Commission is investigating Premier Group over the potential closure of a fruit canning factory in Tulbagh. The probe aims to determine if the closure violates job-protection conditions set during the company's recent acquisition of Rhodes Food Group.
The Competition Commission has launched an investigation into whether Premier Group’s decision to close its fruit canning factory at Tulbagh, Western Cape breaches merger conditions attached to its recent acquisition of Rhodes Food Group (RFG). Farmers warn the move could trigger thousands of job losses and devastate South Africa’s canned fruit industry.
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