The Tribunal has approved, subject to an employment-related condition, the proposed merger whereby Sandvik AB (publ) (“Sandvik”) intends to acquire Schenck Process Africa (Pty) Ltd (“Schenck Process Africa”). Following the implementation of the proposed transaction, Sandvik will control Schenck Process Africa.
 
Sandvik is a global engineering group based in Sweden. Relevant to the proposed merger is the Sandvik RPS business area and more specifically rock and minerals processing solutions for the mining industry. Schenck Process Africa, a South African firm, is active in the manufacture and sale of mining technologies.
 

 
The Tribunal has unconditionally approved the merger whereby Reunert Applied Electronics Holdings (Pty) Ltd and Reunert Ltd intend to acquire Etion Create (Pty) Ltd (“Create”) from Etion Ltd. Post-merger, Create will be a wholly owned subsidiary of Reunert Ltd.
 
The acquiring group is a multinational industrial group with a portfolio of businesses active in the electrical engineering, information communication technology and applied electronics sectors. Locally it operates in the applied electronics, electrical engineering and information communication technology sectors.
 
Create is active in the electronic manufacturing services space whereby it acts as an original equipment manufacturer and an own design manufacturer. Create further designs, manufactures and supports various electronic PC boards and sub-systems on behalf of its clients and it owns intellectual property on some of the designs.
 

 
The Tribunal has unconditionally approved the proposed merger whereby (i) K2018366052 (South Africa) (Pty) Ltd; (ii) K2018366028 (South Africa) (Pty) Ltd; (iii) K2018365994 (South Africa) (Pty) Ltd; (iv) K2018365955 (South Africa) (Pty) Ltd; (v) K2018365895 (South Africa) (Pty) Ltd; and (vi) K2019451018 (South Africa (Pty) Ltd intend to acquire sole control of Castleview Property Fund Limited (“Castleview”).
 
The acquiring group is a property investment firm with a diversified property portfolio comprising retail, industrial, office and residential properties throughout South Africa.
 
The target group is a property investment firm which owns properties in the Western Cape and Eastern Cape which are classified as small region centres, local convenience centres and residential.