JF Mouton Familietrust And PSG Group Ltd

Case number: LM022May22
Case parties: Primary Acquiring Firm: JF Mouton Familietrus
Primary Target Firm: PSG Group Ltd
Case type: Large Merger
Type of merger: Horizontal
Case status: Reasons Issued
Outcome: Approved Subject to Conditions
Order date: 2022-08-02
Sector: Financial and insurance activities
Industry: Investment holding
Relevant market: Activities of holding companies, i.e. units that hold the assets of a group of subsidiary corporations and whose principal activity is owning the group (No services or administration of the units)
Remedy: 12A(3)(b) employment
Competition Tribunal Members: Liberty Mncube, Thando Vilakazi, Yasmin Carrim