Metcash accused of trying to thwart Coles deal

 In Australia, Coles, Metcash/IGA, NewZealand
Grocery wholesaler Metcash has been accused of organising a supplier campaign to oppose Coles’ $100 million acquisition of independent supermarket chain SupaBarn.
Canberra baker Mick Gubas received a call earlier this month from Metcash who asked him to join a group of SupaBarn suppliers who feared they would go out of business if the Australian Competition and Consumer Commission approved the deal.
Mr Gubas, who has been supplying Supabarn and IGA stores with sourdough bread for four years, wasn’t the slightest bit interested.
"If it [the deal] went through it would be a benefit to my business, not a threat – we have been trying to get into Coles to sell bread," the former restaurateur told Fairfax Media. "There’s an opportunity for us to expand our business and get into other stores."  Sydney Morning Herald – Read more…

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