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Orviscene (Pty) Ltd v Makrogate Ltd (LM166Dec20) [2020] ZACT 107 (18 December 2020)

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COMPETITION TRIBUNAL OF SOUTH AFRICA

 

Case No.: LM166Dec20

 

 

In the matter between:

 

Orviscene (Pty) Ltd                             Primary Acquiring Firm

 

And

 

Makrogate Ltd                                     Primary Target Firm

 

Panel : M Mazwai (Presiding Member), E Daniels (Tribunal Panel Member), AW Wessels (Tribunal Panel Member)

 

Heard on : 18 December 2020

 

Decided on : 18 December 2020

 

 

ORDER

 

 

Further to the recommendation of the Competition Commission in terms of section 14A(1)(b) of the Competition Act, 1998 (“the Act”) the Competition Tribunal orders that–

 

1.   the merger between the abovementioned parties be approved in terms of section 16(2)(a) of the Act; and

2.   a Merger Clearance Certificate be issued in terms of Competition Tribunal Rule 35(5)(a).

 

 

Date: 21 December 2020

 

Presiding Member

Ms Mondo Mazwai

Concurring: Mr Enver Daniels and Mr Andreas Wessels