MEDIA RELEASES

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Merger Alert: 15 October 2021

Posted 15 October 2021

The Tribunal has approved the large merger whereby K2021544474 (South Africa) (Pty) Ltd, to be renamed Sandvik SRP (Pty) Ltd (“Sandvik SRP”), intends to acquire Kwatani Global (Pty) Ltd (“Kwatani Global”). Continue reading

Transport contractor settles with Commission and agrees to pay a penalty of R80 000 for alleged cartel conduct

Posted 13 October 2021

A Mpumalanga-based transport contractor has agreed to pay a penalty of R80 000 for allegedly colluding on a tender issued by the South African Forestry Company SOC Limited (“SAFCOL”) in June 2016, for the transportation of timber saw logs in the Komatiland Forest area. Continue reading

Merger Alert: 12 October 2021

Posted 12 October 2021

Bopa Moruo Fund II (Pty) Ltd; RMB Ventures Four (Pty) Ltd; New GX Ventures SA (Pty) Ltd And ASOC I Bidco Three (Pty) Ltd; and Dis-Chem Pharmacies Limited And Kaelo Holdings Proprietary Limited Continue reading

TRIBUNAL FINES TOURVEST APPROXIMATELY R9 MILLION FOR COLLUSIVE TENDERING

Posted 12 October 2021

The Tribunal has found Tourvest Holdings (Pty) Ltd and Siyazisiza Trust guilty of collusive tendering in relation to an Airports Company South Africa tender for arts, crafts and curio retail leasing opportunities at OR Tambo International Airport in Johannesburg... Continue reading

Altron TMT’s acquisition of Law Trust conditionally approved by Tribunal

Posted 11 October 2021

The Tribunal has conditionally approved the large merger wherein Altron TMT SA Group (Pty) Ltd (“Altron TMT”) will acquire Law Trusted Third Party Services (Pty) Ltd (“LawTrust”). Post-merger, Altron TMT will wholly own LawTrust. Continue reading

Tribunal releases public version of conditions imposed on sale of Burger King SA

Posted 01 October 2021

The Tribunal has released the public version of the conditions imposed on the merger whereby ECP Africa Fund IV LLC & ECP Africa Fund IV A LLC will acquire Burger King (South Africa) RF (Pty) Ltd and Grand Foods Meat Plant (Pty) Ltd. Burger King SA and Grand Foods are owned by Grand Parade Investments Ltd. Continue reading

Merger Alert: 30 September 2021

Posted 30 September 2021

Outcome of mergers decided by the Tribunal Continue reading

TRIBUNAL CONDITIONALLY APPROVES DIS-CHEM’S ACQUISITION OF PURE PHARMACY HOLDINGS

Posted 30 September 2021

Subject to competition and public interest-related conditions, the Tribunal has approved the merger between Dis-Chem Pharmacies Ltd (“Dis-Chem”) and Pure Pharmacy Holdings (Pty) Ltd (“PPH”). Post-merger, Dis-Chem will own and exercise control over PPH. Continue reading

Tribunal approves merger involving Imperial’s acquisition of J&J Group and Greendoor Group

Posted 28 September 2021

The Tribunal has unconditionally approved the merger whereby Imperial Logistics Limited (“Imperial”), through its wholly owned subsidiary, Imperial Capital Limited (“Imperial Capital”), intends to acquire Lift Logistics Holdco (“J&J Group”) and its subsidiary, Greendoor Group (Pty) Ltd (“Greendoor”). Continue reading

Fire sprinkler installer, Jasco Security and Fire Solutions, first to settle in alleged cartel involving ASIB

Posted 20 September 2021

The Tribunal has confirmed, as an order, a settlement agreement concluded between the Competition Commission (“the Commission”) and Jasco Security and Fire Solutions (Pty) Ltd (“Jasco”) in relation to an alleged cartel involving Automatic Sprinkler Inspection Bureau (Pty) Ltd (“ASIB”) and various installers of automatic fire sprinklers in South Africa... Continue reading

MEDICAL EQUIPMENT SUPPLIER FINED R50 000 FOR ALLEGED CARTEL CONDUCT

Posted 17 September 2021

A Western Cape medical equipment supplier has been fined R50 000 for allegedly colluding on a provincial Health Department tender and has been ordered to implement a competition law compliance programme. The tender related to the supply of diagnostic sets to hospitals and health institutions under the Department’s control (clinicians use diagnostic sets to examine patients’ eyes, ears, noses and throats). Continue reading

GROWTHPOINT PROPERTIES TO ACQUIRE STUDENT ACCOMMODATION FOLLOWING MERGER APPROVAL BY TRIBUNAL

Posted 16 September 2021

The Tribunal has unconditionally approved the large merger whereby Growthpoint Properties Ltd (“Growthpoint”) will acquire Joburg Stay (Pty) Ltd (“Joburg Stay”) from Feenstra Group (Pty) Ltd ("Feenstra Group")... Continue reading

TRIBUNAL CONDITIONALLY APPROVES DH BROTHERS, SEABOARD AND RSP MERGER

Posted 09 September 2021

The Tribunal has conditionally approved the large merger whereby DH Brothers Industries (Pty) Ltd and Seaboard Corporation seek to acquire RussellStone Protein (Pty) Ltd. Post-merger, Willowton and Seaboard will be joint venture partners in RSP but will continue to compete with each other in the soybean meal market in South Africa. Continue reading

TRIBUNAL FINDS COCA-COLA BEVERAGES AFRICA DID NOT BREACH MERGER CONDITIONS

Posted 08 September 2021

The Tribunal has set aside a finding by the Competition Commission in October 2019 against Coca-Cola Beverages Africa (“CCBA”), effectively clearing the company of claims that it had breached merger conditions relating to retrenchments. This matter ultimately relates to two mergers involving Coca-Cola which were approved with conditions in May 2016 and September 2017. Continue reading

CAPE HARVEST FOOD GROUP AND BM FOOD GROUP MERGER APPROVED

Posted 06 September 2021

The Tribunal has concluded that the transaction will not substantially prevent or lessen competition in any relevant market in South Africa as, post-merger, the merged entity will continue to compete with a number of firms... Continue reading

OUTCOME OF MATTERS CONSIDERED BY THE TRIBUNAL - 31 August 2021

Posted 31 August 2021

Tribunal approves merger in the market for the manufacture of motor vehicles; Tribunal unconditionally approves merger between Digital Infrastructure Investment Holdings and Metro Fibre Networx; and OVA, Sudor Coal admit to implementing an intermediate merger before approval and agree to pay a fine Continue reading

OUTCOME OF MATTERS CONSIDERED BY THE TRIBUNAL - 24 August 2021

Posted 24 August 2021

Tribunal unconditionally approves large merger involving real estate activities with own or leased property; Tribunal approves merger in the market for the sale of motor vehicles; and Tribunal approves merger between the Government Employees Pension Fund And InvestCo (Pty) Ltd Continue reading

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