Devland Cash and Carry (Pty) Ltd And Certain Stores of Masscash (Pty) Ltd
Case Number
LM163Dec20
Case type
Large Merger
Case status
Reasons Issued
Outcome
Approved Subject to Conditions
Order date
2021-02-16 12:10:00
Competition Tribunal Members
Enver Daniels, Fiona Tregenna, Yasmin Carrim
Industry
Retail and Wholesale of grocery items
Relevant market
(i) The retail trade of grocery in two geographic markets being Johannesburg (Newtown) and Krugersdorp within 2 km radius of the target firm’s stores.(ii) The wholesale trade of grocery items in Newcastle, QwaQwa and Phuthaditjhaba areas.
Sector
Other service activities
Remedy
C2 12A(3)(b) employment
Primary Acquiring Firm
Devland Cash and Carry (Pty) Ltd
Primary Target Firm
Certain Stores of Masscash
Secondary Target Firm
Certain Stores of Masscash
Hearing Parties
12 / H / Devland Cash and Carry And Certain Stores of Masscash / LM163Dec20 / ED;FT;YC
Hearing Start
2021-02-15 12:00:00
Hearing End
2021-02-15 16:00:00
Hearing Decision Date
2024-05-27 06:00:05