logo

Baby City gets new parents in R430mn deal

It’s the end of an era for the Aronaff family business Baby City, but the birth of a new one for pharma retailer Dis-Chem. After 26 years of operating the one-stop baby shop, the Aronaff family have agreed to sell all 33 Baby City stores to Dis-Chem for R430m. Michel Aronoff, Managing Director of Baby City joins CNBC Africa for more.


Fri May 15 2020 | 15:22:08 GMT+0000 (Coordinated Universal Time)

Share

Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.