Devland Cash and Carry (Pty) Ltd And Certain Stores of Masscash (Pty) Ltd

Case number: LM163Dec20
Case parties: Primary Acquiring Firm: Devland Cash and Carry (Pty) Ltd
Primary Target Firm: Certain Stores of Masscash
Case type: Large Merger
Case status: Reasons Issued
Outcome: Approved Subject to Conditions
Order date: 2021-02-16
Sector: Other service activities
Industry: Retail and Wholesale of grocery items
Relevant market: (i) The retail trade of grocery in two geographic markets being Johannesburg (Newtown) and Krugersdorp within 2 km radius of the target firm’s stores.(ii) The wholesale trade of grocery items in Newcastle, QwaQwa and Phuthaditjhaba areas.
Remedy: 12A(3)(b) employment
Competition Tribunal Members: Enver Daniels, Fiona Tregenna, Yasmin Carrim