The Shoprite group of companies has acquired the entire issued share capital of Computicket from Media24, the two companies announced on Tuesday.
They said the transaction was subject to the approval of the Competition Commission and was now secured.
Computicket is the leading ticketing business operating in various outlets in South Africa, providing ticketing services to promoters and agents in the entertainment industry.
Shoprite marketing manager Brian Weyers said the acquisition offered the potential for the company to use its stores as ticket outlets.
This could increase the ticketing distribution outlets of Computicket from the existing 90 to almost 500.
”We are excited to offer this service now to a much broader base of consumers, who previously were not within reach of Computicket to benefit from their service,” Weyers said in a statement. – Sapa