Merger Alert: Dis-Chem Distribution (Pty) Ltd And CT Distribution Centre (Pty) Ltd and KZN Warehouse (Pty) Ltd
Qaphela
Lesi Isaziso Sokuhlanganisa esilandelayo senzelwe izinjongo zolwazi kuphela futhi asibophezeli ku-Competition Tribunal nanoma yiliphi ilungu le-Tribunal.
Lead Text
The Tribunal has unconditionally approved the large merger between Dis-Chem Distribution (Pty) Ltd (“Dis-Chem Distribution”) and CT Distribution Centre (Pty) Ltd (“CTDC”) and KZN Warehouse (Pty) Ltd (“KZN Warehouse”). Upon implementation of the proposed transaction, Dis-Chem Distribution will exercise sole control over KZN Warehouse and CTDC.
Uhlobo lwendaba
Large merger
Amaqembu ahilelekile
Dis-Chem Distribution (Pty) Ltd And CT Distribution Centre (Pty) Ltd and KZN Warehouse (Pty) Ltd
Isinqumo Senkantolo
Approved without conditions
Kukhishwe ngu
Gillian de Gouveia, Communications Manager
On behalf of the Competition Tribunal of South Africa
The Tribunal has unconditionally approved the large merger between Dis-Chem Distribution (Pty) Ltd (“Dis-Chem Distribution”) and CT Distribution Centre (Pty) Ltd (“CTDC”) and KZN Warehouse (Pty) Ltd (“KZN Warehouse”). Upon implementation of the proposed transaction, Dis-Chem Distribution will exercise sole control over KZN Warehouse and CTDC.
Dis-Chem Distribution is a wholly owned subsidiary of Dis-Chem Pharmacies Limited (“Dis-Chem”). The Dis-Chem Group is active along the pharmaceutical supply chain ranging from wholesale distribution, logistics and online stores to the operation of retail pharmacies. The Dis-Chem Group also conducts wholesale distribution of pharmaceutical products and front shop goods.
CTDC owns a warehouse complex in Cape Town and KZN Warehouse owns a warehouse complex in KwaZulu-Natal. The distribution centres of the target properties are leased to Dis-Chem Distribution.