Merger Alert: Namane Resources (Pty) Ltd And Ledjadja Coal (Pty) Ltd, Resgen South Africa (Pty) Ltd, Resgen SA Farms (Pty) Ltd and Waterberg One Coal (Pty) Ltd

 11 July 2022


Type of matter

Parties involved

Tribunal Decision

Large merger

Namane Resources (Pty) Ltd And Ledjadja Coal (Pty) Ltd, Resgen South Africa

(Pty) Ltd, Resgen SA Farms (Pty) Ltd and Waterberg One Coal (Pty) Ltd

Approved without conditions

 

The Tribunal has unconditionally approved the large merger wherein Namane Resources (Pty) Ltd (“Namane”) intend to acquire certain assets held in the following firms: Resgen South Africa (Pty) Ltd (“Resgen SA”); Resgen SA Farms (Pty) Ltd; Waterberg One Coal (Pty) Ltd (“Waterberg”); and Ledjadja Coal (Pty) Ltd (“Ledjadja”) (collectively the target group). Post-merger, Namane Group will have control of the target group.

 

Namane Group comprises several firms with interests in mining and logistics. The target group constitutes assets and thus does not control any firms.

 


 

Issued by:

Gillian de Gouveia, Communications Officer
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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