Trade Retail Holdco and Agrifin Holdco, Newly Incorporated Private Companies Established by BKB Ltd (BKB) and VKB Landbou (Pty) Ltd (VKB)
Case Number
LM140Oct20
Case type
Large Merger
Type of merger
Both
Case status
Reasons Issued
Outcome
Approved Subject to Conditions
Order date
21-05-2021
Competition Tribunal Members
Andreas Wessels, Enver Daniels, Yasmin Carrim
Industry
Retail of agricultural equipment and supplies
Relevant market
Market for farming requisite stores located in Newcastle and surrounding areas, including Cedarville, Ultrecht and Volksrust in Kwa-Zulu Natal and market for farming requisite stores located in the Frankfort/Heilbron, Harrismith, and Vrede, in Free State
Sector
Wholesale and retail trade - repair of motor vehicles and motorcycles
Case File
Case File 2
Remedy
12A(3)(e) remedy
Case Name
BKB and VKB Landbou And The Trade Retail, Fuel and Financial Service Business of BKB and VKB
Primary Acquiring Firm
BKB Ltd and VKB Landbou (Pty) Ltd
Primary Target Firm
The Trade Retail, Fuel and Financial Service Business of BKB and VKB