The Tribunal has, subject to an employment related condition, approved the proposed merger whereby CFAO Motors (Pty) Ltd (“CFAO Motors”) intends to acquire the Stellantis branded motor vehicle dealership business conducted by William Simpson Cars (Pty) Ltd (“WSC”).
 
The acquiring group (CFAO Motors and all the firms controlling CFAO Holdings) is active in the retail of motor vehicles. Its activities include the sale of new and used passenger vehicles (“PVs”) and light commercial vehicles (“LCVs”), including the provision of aftersales maintenance, parts, and accessories.
 
The Stellantis branded motor vehicle dealership business includes, among others, the sale of new PVs and LCVs. It also provides scheduled maintenance and aftersales services.
 

 
The Tribunal has unconditionally approved the proposed merger whereby K2023647843 (South Africa) (Pty) Ltd (“SPE BidCo”) will acquire Danny’s Auto Body Parts (Pty) Ltd (“Danny’s Auto”) and Danny’s Auto Property Holdings (Pty) Ltd (“Danny's Auto Property”) (collectively, the target firms).
 
SPE BidCo is a newly established investment holding company and does not conduct any business activities. The acquiring group, through Sanlam, is active in the provision of financial services including short- and long-term insurance, employee benefits, private equity and investments. Through another subsidiary, SPE Fund Market, the acquiring group is also active in pet care retail, meat production, waste and environment management, and payment collection services.
 
Danny’s Auto is a wholesaler of aftermarket automotive parts and accessories. It supplies automotive parts and accessories such as brake products, cables, fan belts, filters, gaskets, suspensions, alternators, starter motors and engine parts. Danny’s Auto Property is a property holding company and does not conduct any business activities.
 

 
The Tribunal has approved, without any conditions, the proposed large merger between Reunert ICT Holdings (Pty) Ltd (“Reunert ICT”) and IQ Business (Pty) Ltd (“IQ Business”).
 
Reunert ICT is a wholly owned subsidiary of Reunert Limited (“Reunert”), a public entity listed on the Johannesburg Stock Exchange. Reunert manages a portfolio of businesses in various sectors including electrical engineering, information communications and technology (“ICT”), applied electronics and other related fields. Of relevance to this transaction are Reunert’s activities in the ICT sector in relation to information technology (“IT”) consulting and IT software development services.
 
IQ Business is an independent management consulting firm. Its main business activity relates to providing solutions to challenges faced by businesses through IT consulting and IT software development services.