Clicks buys 35% more of ARC Store for R507 million, lifting stake to 61%
Bitget2026/09/28 07:05- Clicks Group agreed to buy an additional 35.3% stake in premium beauty retailer ARC Store for R 507 million.
- The deal lifts Clicks’ holding in ARC to 61%, shifting it to a controlling position.
- Founding shareholders will retain an investment; ARC’s executive management committed to stay through at least 2028.
- ARC operates 12 stores and an online business; expansion plans target 20 to 30 stores over the medium term.
- Closing is expected on the first day of the month following competition authority clearance.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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