Vision Investments 155 (Pty) Ltd And Tongaat Hulett Ltd, in Business Rescue

Case number: LM038May24
Case parties: Primary Acquiring Firm: Vision Investments 155 (Pty) Ltd
Primary Target Firm: Tongaat Hulett Ltd, in Business Rescue
Case type: Large Merger
Type of merger: Horizontal
Case status: Reasons Issued
Outcome: Approved Subject to Conditions
Order date: 2024-07-24
Sector: Accommodation and food service activities
Industry: Manufacturing of sugar
Relevant market: Manufacturing of sugar
Remedy: 12A(3)(c) ability of small businesses to become competitive
Competition Tribunal Members: Anisa Kessery, Mondo Blessing Mazwai, Thando Vilakazi