The Foschini Group Ltd And Tapestry Home Brands (Pty) Ltd

Case number: LM192Mar22
Case parties: Primary Acquiring Firm: Foschini Group Ltd
Primary Target Firm: Tapestry Home Brands (Pty) Ltd
Case type: Large Merger
Type of merger: Both
Case status: Reasons Issued
Outcome: Approved Subject to Conditions
Order date: 2022-07-26
Sector: Wholesale and retail trade - repair of motor vehicles and motorcycles
Relevant market: The broad market for the supply of houseware products, and more specifically in the manufacturing and retail of (i) household textiles, (ii) furniture products, and (iii) bed sets and mattresses.
Remedy: 12A(3)(b) employment
Competition Tribunal Members: Liberty Mncube, Thando Vilakazi, Yasmin Carrim