Volvo Financial Services Southern Africa (Pty) Ltd And Volvo Vehicle Finance Debtors Book Owned By Wesbank, A Division of Firstrand Ltd

Case number: LM162Mar20

Case parties:

Primary Acquiring Firm: Volvo Financial Services Southern Africa (Pty) Ltd Primary Target Firm: Volvo Vehicle Finance Debtors Book Owned by Wesbank, A division of Firstrand

Case type: Large Merger
Type of merger: Horizontal
Case status: Reasons Issued
Outcome: Approved
Order date: 2020-03-31
Sector: Financial and insurance activities
Industry: Financial services
Relevant market: financial services to the customers who buy Volvo Group SA products.
Competition Tribunal Members: Enver Daniels, Andreas Wessels, Imraan Valodia

Case Files

Order and Merger Clearance Certificate	231,8KB
Reasons for Decision	4,1MB
2020-04-01-Volvo-DebtorsBook-Merger-MediaRelease.html	73,2KB