CA Sales acquires 49% of Warbrands Pvt Limited

Newly listed CA Sales Holdings said it has, through a whollyowned subsidiary, acquired 49% of the issued share capital of Warbrands Pvt Limited, a company registered in Zambia. According to a Botswana Stock Exchange filing, the principal business of Warbrands is the importation and nationwide distribution of consumer and related goods in Zambia.

CA Sales (Pic By Sunday Standard)

The Company began operations in 2012 and has steadily established itself as a reliable and professional supplier to its customers in Zambia.

“The Acquisition affirms the geographical expansion of CA Sales into other countries in Africa,” said CA Sales.

CA Sales Holdings is already represented in most African countries in Southern Africa. The Acquisition is therefore in line with CA Sales’ strategic intent to expand its presence in Africa through the acquisition of established businesses acting as agent on behalf of manufacturers / principals of consumer and related goods.