CFAO Motors (Pty) Ltd AND Budding Trade RF (87) (Pty) Ltd I.R.O. Its Motor Dealership Business
Case Number
LM138Oct22
Case type
Large Merger
Procedural matter
Type of merger
Horizontal
Case status
Reasons Issued
Outcome
Approved
Order date
21-12-2022
Competition Tribunal Members
Andiswa Ndoni, Andreas Wessels, Imraan Valodia
Industry
Automotive industry
Relevant market
Market for the sale of passenger vehicles inthe town of Gqeberha, Eastern Cape.
Sector
Wholesale and retail trade - repair of motor vehicles and motorcycles
Case Name
CFAO Motors And Buddingtrade 87
Primary Acquiring Firm
CFAO Motors (Pty) Ltd
Primary Target Firm
Buddingtrade 87 (RF) (Pty) Ltd