Merger Alert: RMB Ventures Eight Proprietary Limited and Mohau Private Equity Fund 1 Proprietary Limited And Bulldog Group Holding Company
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 Tribunal has unconditionally approved the merger wherein RMB Ventures Eight (Pty) Ltd (“RMBV”) and Mohau Private Equity Fund 1 (Pty) Ltd (“Mohau”) wishes to acquire shareholding in the Bulldog Group Holding Company (“Bulldog Group”).
Type of matter
Large merger
Parties involved
RMB Ventures Eight Proprietary Limited and Mohau Private Equity Fund 1 Proprietary Limited And Bulldog Group Holding Company
Tribunal Decision
Approved without conditions
Issued By
Gillian de Gouveia, Communications Manager
On behalf of the Competition Tribunal of South Africa
The Tribunal has unconditionally approved the merger wherein RMB Ventures Eight (Pty) Ltd (“RMBV”) and Mohau Private Equity Fund 1 (Pty) Ltd (“Mohau”) wishes to acquire shareholding in the Bulldog Group Holding Company (“Bulldog Group”).
RMBV is a private equity investor that invests in African businesses.
Mohau is a newly formed private equity fund that invests in strategic sectors and commercial networks to facilitate growth and expansion.
Bulldog Group is active in the distribution of paint and consumables directly to panel beaters; it sells
capital equipment to panel beaters; it renders distribution services; and is a newly established property holding company.
