ETG Inputs Holdco Limited And Sidi Parani (Pty) Ltd
The Tribunal has approved, without conditions, the proposed merger whereby ETG Inputs Holdco Limited (ETG Inputs) acquires Sidi Parani.
ETG Inputs, a UAE company, is a wholly owned subsidiary of ETC Group. It is involved in agricultural trading and processing in 27 countries. In SA it is involved in commodity trading and logistics. Relevant to the transaction is its subsidiary, Kynoch’s activities as an importer, manufacturer, blender and distributor of fertiliser commodities in SA and SADC.
Kynoch manufactures liquid fertiliser and blends and bags dry fertiliser. Its liquid fertiliser is produced in Endicotte and Kimberly. It also sells satellite blenders with its NPK blended fertiliser operation located in Durban, Richards Bay, Endicotte and Viljoenskrron
Sidi Parani supplies a range of nutrition products including liquid fertiliser, dry fertiliser and microelement nutrients. It operates in the Northern Cape, North West, Free State and Namibia.
Farmisco (Pty) Ltd t/a Kynoch Fertilizer And Profert Holdings (Pty) Ltd
The Tribunal has approved, without conditions, the proposed merger whereby Farmisco (Pty) Ltd, trading as Kynoch Fertilizer (Kynoch), seeks to acquire Profert Holdings (Pty) Ltd.
Kynoch is a wholly owned subsidiary of ETG Input Holdco Limited (Dubai) and is ultimately controlled by Export Marketing BVI Limited (the ETG Group). The ETG Group is engaged in importing, manufacturing, blending and distributing fertilizer commodities in SA. It supplies blended liquid and granular NPK fertilizers and fertilizer straights in all provinces except the Western Cape.
Profert Holdings comprises certain assets and operations of a group of companies and subsidiaries which are referred to as the “Profert Cluster” within Profert Holdings. Profert Holdings is currently in business rescue. Profert blends and supplies liquid and granular NPK fertilizer and supplies farmers with fertilizer straights. Profert fertilizer and fertilizer straights are sold in all SA provinces excluding the Western Cape.
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