The Foschini Group Ltd And Tapestry Home Brands (Pty) Ltd
Case Number
LM192Mar22
Case type
Large Merger
Type of merger
Both
Case status
Reasons Issued
Outcome
Approved Subject to Conditions
Order date
2022-07-26 12:10:00
Competition Tribunal Members
Liberty Mncube, Thando Vilakazi, Yasmin Carrim
Relevant market
The broad market for the supply of houseware products, and more specifically in the manufacturing and retail of (i) household textiles, (ii) furniture products, and (iii) bed sets and mattresses.
Sector
Wholesale and retail trade - repair of motor vehicles and motorcycles
Case File 2
Remedy
C2 12A(3)(b) employment
Primary Acquiring Firm
Foschini Group Ltd
Primary Target Firm
Tapestry Home Brands (Pty) Ltd
Secondary Target Firm
Tapestry Home Brands (Pty) Ltd
Hearing Parties
10 / H / Foschini Group And Tapestry Home Brands / LM192Mar22 / LM;TV;YC
Hearing Start
2022-07-26 10:00:00
Hearing End
2022-07-26 16:00:00
Hearing Decision Date
2024-05-27 06:00:03