Industrial Development Corporation of South Africa SOC Ltd And Celrose (Pty) Ltd
Case Number
LM271Mar19
Case type
Large Merger
Type of merger
Conglomarate
Case status
Reasons Issued
Outcome
Approved Subject to Conditions
Order date
2019-04-11 12:10:00
Competition Tribunal Members
Enver Daniels, Fiona Tregenna, Medi Mokuena
Industry
Manufacture of wearing apparel except fur
Relevant market
Manufacture and supply of clothing and footwear
Sector
Manufacturing
Case File 2
Case File 3
Remedy
C2 12A(3)(b) employment
Primary Acquiring Firm
The Industrial Development Corporation of South Africa
Primary Target Firm
Celrose (Pty) Ltd
Secondary Target Firm
Celrose (Pty) Ltd
Hearing Parties
10 / H / IDC SA And Celrose / LM271Mar19 / ED;FT;MM
Hearing Start
2019-04-10 10:00:00
Hearing End
2019-04-10 12:00:00
Hearing Decision Date
2024-05-27 06:00:06