Retail Supermarkets Nigeria Limited (RSNL) is the operator of the Shoprite franchise in Nigeria.
RSNL, trading as Shoprite, is a leading supermarket chain formally wholly owned by Shoprite Holdings Limited (“SHL.”), a company incorporated in South Africa.
RSNL launched its first Nigerian store in Lagos in December 2005 and has expanded to 25 outlets across 13 states in the country. The Company also has a 4,732m2 distribution center in Lagos, which facilitates direct delivery from local farmers for Freshmark, Shoprite’s fruit and vegetable procurement and distribution arm.
In May 2021, Persianas Investment Limited, through an SPV, Ketron Investment Limited, completed the acquisition of RSNL from SHL to become the owner and operator of Shoprite stores in Nigeria
In 2021, Ketron Investment Limited, a Nigerian company acquired Retail Supermarkets Nigeria Limited (RSN), the owners of Shoprite Stores nationwide. With approval from the Federal Competition and Consumer Protection Commission (FCCPC), Ketron acquired 100% ownership of Shoprite in Nigeria with prospects of opening additional stores to optimise visibility for the wide variety of Nigerian-made products as well as international brands.