VAPS Holdings (Pty) Ltd (NEWCO) and Motorite Administrators (Pty) Ltd and Engine Room (Pty) Ltd and Small Area Repair Technology
Case Number
LM053Jun15
Case type
Large Merger
Case status
Reasons Issued
Outcome
Approved Subject to Conditions
Order date
29-10-2015
Competition Tribunal Members
Yasmin Carrim, Andiswa Ndoni, Anton Roskam
Industry
Insurance
Relevant market
The national market for the provision of non-insurance bodyline products; The national market for provision of vehicle finance
Sector
Financial and insurance activities
Case File 2
Remedy
Refraining from exclusionary unilateral conduct
Case Name
VAPS Holdings and Motorite Administrators
Primary Acquiring Firm
VAPS Holdings (Pty) Ltd (Newco)
Primary Target Firm
Motorite Administrators (Pty) Ltd and Engine Room