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Amalgamation A Possibility Between SAf Sales Companies

Tuesday, 21st August 2012

Meanwhile in South Africa, "Bloodstock South Africa and Cape Thoroughbred Sales have had an exploratory meeting in which they have both agreed that an amalgamation of the two companies would be in the best interests of the racing industry," reports goldcircle.co.za. Bloodstock South Africa is the marketing arm of the Thoroughbred Breeder's Association. The traditional powerhouse of the South African industry, the TBA's sales include: the Emperor's Palace National Yearling Sale, Milkwood Sale, Cape Mare and Weaning Sale, Suncoast Casino KZN Yearling Sale, KZN Mare/Weanling/Horses in Training/Fillies Sale, Emperor's Palace National 2YO Sale & the Emperor's Palace Ready To Run Sale. Supported by some powerful breeders, Cape Thoroughbred Sales (only formed last year) run the Cape Premier Yearling Sale Book 1 & Book 2 and the Cape Ready To Run Sale. Ian Robertson, chairman of the TBA, stated "that a council of the TBA and the directors of the Cape Thoroughbred Sales, whose chairman is Chris van Niekerk, had both agreed that the two organisations needed to get together to 'put our houses in order'." While talks remain purely exploratory at this point, there is recognition that a combined approach to attracting international clients to South Africa "probably requires a unified strategy". Notwithstanding unnecessary duplication of costs, there is also the potential – should the current status quo remain – to divide the nation's breeding community and their loyalties.

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