Merger Alert: Bidvest Branded Products Holdings (Pty) Ltd And Buena Vista Trading 82 (Pty) Ltd t/a Spec System
The following Merger Alert is for information purposes only and is not binding on the Competition Tribunal or any member of the Tribunal
| Type of matter | Parties involved | Tribunal Decision |
| Large merger | Bidvest Branded Products Holdings (Pty) Ltd And Buena Vista Trading 82 (Pty) Ltd t/a Spec System | Approved without conditions |
The Competition Tribunal has unconditionally approved the proposed merger wherein Bidvest Branded Products Holdings (Pty) Ltd (“Bidvest BP”) intends to acquire Buena Vista Trading 82 (Pty) Ltd t/a Spec Systems ("Spec Systems"). After the implementation of the proposed merger, Bidvest BP will exercise sole control over Spec Systems.
Bidvest BP is wholly owned by the Bidvest Group Ltd (“Bidvest”). Bidvest and all the firms directly or indirectly controlled by Bidvest are the “acquiring group”. The acquiring group is a South African services, trading and distribution company. Relevant to the proposed transaction, the acquiring group supplies ruggedised (i.e., hard-wearing) mobile computers, barcode scanners, printers and print technology, self-adhesive labels and thermal ribbons.
The primary target firm, Spec Systems, supplies enterprise printing and mobility technologies and solutions. It also supplies self-adhesive labels, thermal transfer ribbons, barcode scanners, ruggedised mobile computers, labels, point of sale printers, portable label printers, thermal labels and related consumables and software.
Issued by:
Gillian de Gouveia, Communications Manager
On behalf of the Competition Tribunal of South Africa
Cell: +27 (0) 82 410 1195
E-Mail: GillianD@comptrib.co.za
Twitter: @comptrib
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