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)
Tel: +27 (0) 12 394 3300
Fax: 27 (0) 12 394 0169
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.
Communications: Competition Tribunal
Tel (012)394 1383
Cell: +27 (0) 73 007 5603
On Behalf Of:
Registrar: Competition Tribunal
Tel: (012) 394 3355
Cell: +27 (0) 82 556 3221