Merger Alert: Outcome of mergers decided by the Tribunal - 4 December 2023
Notice
The following Merger Alert is for information purposes only and is not binding on the Competition Tribunal or any member of the Tribunal
Lead Text
The Competition Tribunal has approved three intermediate mergers as follows: between Rebel Packaging (Pty) Ltd (“Rebel”) and Box Boyz (Pty) Ltd (“Box Boyz”);
between Rebel and Right Corrugated Containers (Pty) Ltd (“Right Corrugated”); and between Rebel and Seyfert Corrugated Western Cape (Pty) Ltd (“Seyfert”).
Type of matter
Intermediate merger
Intermediate merger
Intermediate merger
Parties involved
Rebel Packaging (Pty) Ltd and Box Boyz (Pty) Ltd
Rebel Packaging (Pty) Ltd and Right Corrugated Containers (Pty) Ltd
Rebel Packaging (Pty) Ltd and Seyfert Corrugated Western Cape (Pty) Ltd
Tribunal Decision
Approved without conditions
Approved without conditions
Approved with conditions
Issued By
Gillian de Gouveia, Communications Manager
On behalf of the Competition Tribunal of South Africa
The Competition Tribunal has approved three intermediate mergers as follows:
- between Rebel Packaging (Pty) Ltd (“Rebel”) and Box Boyz (Pty) Ltd (“Box Boyz”);
- between Rebel and Right Corrugated Containers (Pty) Ltd (“Right Corrugated”); and
- between Rebel and Seyfert Corrugated Western Cape (Pty) Ltd (“Seyfert”).
Rebel is an indirect subsidiary of Mpact Limited (“Mpact). Mpact’s business involves the production of paper and plastic packaging products and recycling. Mpact’s paper business includes the production of converted, corrugated and other paper packaging products.
Box Boys, Right Corrugated and Seyfert operate sheetplants, respectively. Sheetplants acquire corrugated board from corrugating plants and use that as an input to produce corrugated boxes and other products.
