JOHANNESBURG – Pepkor subsidiary Tekkie Town has taken legal action to prohibit former senior managers from establishing rival chain store Mr Tekkie as the Tekkie spat continues.
The court action threatens to throw a spanner in the works for the roll-out of Mr Tekkie stores, scheduled for November and follows months of tension between Tekkie Town and its former top brass.
Pepkor said yesterday it had applied for an urgent court order to enforce the restraint-of-trade provisions against Braam van Huyssteen, the founder of Tekkie Town, and Bernard Mostert, the company’s former chief executive.
Van Huyssteen and Mostert are first and second respondents, while Pepkor Speciality Limited and Pepkor Holdings Limited, which was previously called Steinhoff Africa Retail, are first applicant and second applicant.
Michael Brown, Gert Claassens and David van Niekerk, as well as AJVH Holdings, are also respondents in the court papers. Mostert and Van Huyssteen are directors and founders of AJVH Holdings, through which Mr Tekkie is trading.