Matters set down on the Tribunal roll - 22 February 2017

The hearing starts at 10h00 and will be held at the following address:

The dti Campus

77 Meintjies Street

Mulayo Building, (Block C)

Sunnyside, Pretoria

Tel: +27 (0) 12 394 3300

Fax: 27 (0) 12 394 0169

Website: http://www.comptrib.co.za

 

JR 209 Investments v Zendai Development (SA) (Pty) Ltd, Zendai Investment Management (SA) (Pty) Ltd and Zendai Capital (Pty) Ltd

 

Property development and investment company JR 209 Investments (Pty) Ltd intends to acquire Zendai Development (South Africa) Zendai Investment Management (South Africa) and Zendai Capital. 

JR 209 Investments owns a portfolio of immovable properties and vacant land, and is involved in property development in South Africa. The acquiring group owns residential properties, office properties, vacant land zoned for office property, light industrial properties, properties zoned for light industrial property, retail properties and vacant farmland.

The Target Firms, controlled by Zendai (South Africa) (Pty) Ltd, own industrial, commercial, retail and residential properties in Gauteng. Zendai Development is a property development business, which acts as the property developing arm of the Target Firms. Zendai Investment Management is a property investment company, while Zendai Capital is a dormant company.

 

Boundlesstrade wishes to acquire the AA Group

 

The Commission has recommended to the Tribunal that the proposed large merger be approved, without conditions, whereby Boundlesstrade intends to acquire the AA Group, involved in the sale of new passenger and new light commercial vehicles.

Boundlesstrade is a wholly owned subsidiary of Imperial Holdings Limited. Boundlesstrade is an investment holding company that conducts its activities through the AA Group. The Imperial Group of companies provides a range of products and services including transportation and distribution services, aviation leasing, car rental and insurance, among others.

The AA Group sells new passenger and light commercial vehicles, in particular, Chery passenger vehicles and Foton light commercial vehicles as well as after-sales maintenance services.

 

Newly incorporated company Bruce Fruit and JAB Dried Fruit Products merger to considered  

 

The Tribunal is to consider the merger between Bruce Fruit and target company JAB Dried Fruit Products, which will give Bruce Fruit control of JAB Dried Fruit.

The Commission has recommended to the Tribunal that the proposed large merger be approved, without conditions.

Bruce Fruit is a newly incorporated company and is wholly-owned and controlled by Sanlam Life Insurance Limited acting through its Sanlam Private Equity division. The Sanlam Group is a leading financial services group and does not have any investments in firms that are active in the sale of dried fruit and nut products.

JAB specialises in the procurement, processing, packaging and distribution of dried tropical fruit, stone fruit and nuts. Its primary operations are based in Mpumalanga and the company sells these products to both the local and export markets, for example, it packs retail packs of dried fruit and nuts for the Pick ‘n Pay in-house brand and exports products to the USA, UK and other African countries.

 

Issued by:

Chantelle Benjamin

Communications: Competition Tribunal   

Tel (012)394 1383                                     

Cell: +27 (0) 73 007 5603  

Twitter: @comptrib                                       

E-Mail: chantelleb@comptrib.co.za

 

On Behalf Of:

Lerato Motaung                                                   

Registrar: Competition Tribunal                                        

Tel: (012) 394 3355                                             

Cell: +27 (0) 82 556 3221                                              

E-Mail: LeratoM@comptrib.co.za