Pepkor Makes Offer for South African Furniture Owner
- Actis and Westbrooke said to be selling Tapestry Home Brands
- A number of bidders are being considered in sale process
Customers browse goods inside a PEP retail store, operated by Pepkor Ltd., in Johannesburg, South Africa.
Photographer: Waldo Swiegers/BloombergThis article is for subscribers only.
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Pepkor Holdings Ltd. has made an approach to buy the South African owner of the Volpes, Coricraft and Dial.a.Bed chains to further expand in furniture and bedding, according to people familiar with the matter.