Petrefuel Holdings (Pty) Ltd And Royale Energy (Pty) Ltd
Case Number
LM005Apr23
Case type
Large Merger
Type of merger
Both
Case status
Reasons Issued
Outcome
Approved Subject to Conditions
Order date
2023-08-16 12:10:00
Competition Tribunal Members
Geoff Budlender, Fiona Tregenna, Liberty Mncube
Industry
Retail of automotive fuel in specialized stores
Relevant market
Retail of automotive fuel in specialized stores
Sector
Wholesale and retail trade - repair of motor vehicles and motorcycles
Remedy
C5 12A(3)(e) remedy
Primary Acquiring Firm
Petrefuel Holdings (Pty) Ltd
Primary Target Firm
Royale Energy (Pty) Ltd
Secondary Target Firm
Royale Energy (Pty) Ltd
Hearing Parties
14 / H / Petrefuel Holdings And Royale Energy / LM005Apr23 / GB;FT;LM
Hearing Start
2023-08-15 14:00:00
Hearing End
2023-08-15 16:00:00
Hearing Decision Date
2024-05-27 06:00:02