Posted
Sep 30, 2026
Country
ZA
Industry
Manufacturing
What was taken
edcon.co.za zoominfo.com/c/edcon/36900910 Edcon (roots from 1929, Johannesburg) was South Africa's largest non-food retailer — owner of iconic chains Edgars, Jet, CNA and Boardmans, with ~1,200 stores across Southern Africa, ~19,000 staff, revenue of R25+ billion and four million private-label credit cards. It was crippled by Bain Capital's 2007 leveraged buyout (~R25 billion), losing market share to discounters before COVID-19 lockdown wiped out R2 billion in sales and forced business rescue in