Type of matter | Parties involved | Tribunal Decision |
---|---|---|
Large merger | RMB Ventures Eight Proprietary Limited and Mohau Private Equity Fund 1 Proprietary Limited And Bulldog Group Holding Company | Approved without conditions |
The Tribunal has unconditionally approved the merger wherein RMB Ventures Eight (Pty) Ltd (“RMBV”) and Mohau Private Equity Fund 1 (Pty) Ltd (“Mohau”) wishes to acquire shareholding in the Bulldog Group Holding Company (“Bulldog Group”).
RMBV is a private equity investor that invests in African businesses.
Mohau is a newly formed private equity fund that invests in strategic sectors and commercial networks to facilitate growth and expansion.
Bulldog Group is active in the distribution of paint and consumables directly to panel beaters; it sells capital equipment to panel beaters; it renders distribution services; and is a newly established property holding company.
Issued by:
Gillian de Gouveia, Communications Manager
On behalf of the Competition Tribunal of South Africa
Cell: 27 (0) 82 410 1195
E-Mail: GillianD@comptrib.co.za
Twitter: @comptrib
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