Cameroon's BAO Cash & Carry Changes Hands
BAO Cash & Carry Under New Management
A significant change is underway in Cameroon's wholesale market. BAO Cash & Carry, renowned for its budget-friendly model, has been acquired by 2S Retail. The new owners have taken over operations, including seven stores across the country.
A Strategic Move
This acquisition is part of a broader strategy by the previous owners to focus on growing their brands through local partnerships. Despite the change in ownership, the BAO brand and its private labels will continue to be supplied by the original group, ensuring that favorite products remain available.
A Rapidly Growing Favorite
Since its inception in 2018, BAO Cash & Carry has become a beloved destination for both regular shoppers and professionals. With over 3,000 active customers, the brand has made a substantial impact on the market.
Commitment to the Future
2S Retail has pledged to maintain the low-cost model that made BAO popular. They also plan to preserve all current jobs. Looking ahead, the new owners aim to strengthen the existing model in 2026 and consider expansion from 2027 onwards.
A Lesson in Adaptation
This change highlights how businesses adapt to new markets and opportunities. It serves as a reminder that growth often comes from collaboration and understanding local needs.