Hatfield Holdings (Pty) Ltd And The Business of Summit Auto Trading South Africa (Pty) Ltd; Summit Auto Investments and Triumph South Africa (Pty) Ltd
Case Number
LM064Aug21
Case type
Large Merger
Type of merger
Horizontal
Case status
Reasons Issued
Outcome
Approved Subject to Conditions
Order date
2021-10-26 12:10:00
Competition Tribunal Members
Andreas Wessels, Enver Daniels, Mondo Blessing Mazwai
Industry
Sale of motor vehicles
Relevant market
The market for the sale of new passenger and light commercial vehicles in South Africa and within 80km radius of the Target Business in Gauteng
Sector
Wholesale and retail trade - repair of motor vehicles and motorcycles
Remedy
C2 12A(3)(b) employment
Primary Acquiring Firm
Hatfield Holdings (Pty) Ltd
Primary Target Firm
Summit Auto Trading
Secondary Target Firm
Summit Auto Trading
Hearing Parties
10 / H / Hatfield Holdings And Summit Auto Trading / LM064Aug21 / AW;ED;MMA
Hearing Start
2021-10-26 10:00:00
Hearing End
2021-10-26 12:00:00
Hearing Decision Date
2024-05-27 06:00:04