CFAO Motors (Pty) Ltd AND Budding Trade RF (87) (Pty) Ltd I.R.O. Its Motor Dealership Business

Case number: LM138Oct22
Case parties: Primary Acquiring Firm: CFAO Motors (Pty) Ltd
Primary Target Firm: Buddingtrade 87 (RF) (Pty) Ltd
Case type: Large Merger
Type of merger: Horizontal
Case status: Reasons Issued
Outcome: Approved
Order date: 2022-12-21
Sector: Wholesale and retail trade - repair of motor vehicles and motorcycles
Industry: Automotive industry
Relevant market: Market for the sale of passenger vehicles inthe town of Gqeberha, Eastern Cape.
Competition Tribunal Members: Andiswa Ndoni, Andreas Wessels, Imraan Valodia