Merger Alert: Outcome of mergers decided by the Tribunal - 4 December 2023
Qaphela
Lesi Isaziso Sokuhlanganisa esilandelayo senzelwe izinjongo zolwazi kuphela futhi asibophezeli ku-Competition Tribunal nanoma yiliphi ilungu le-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”).
Uhlobo lwendaba
Intermediate merger
Intermediate merger
Intermediate merger
Amaqembu ahilelekile
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
Isinqumo Senkantolo
Approved without conditions
Approved without conditions
Approved with conditions
Kukhishwe ngu
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.
