RMB Ventures Eight (Pty) Ltd And Mafika Engineering (Pty) Ltd, Mafika SA (Pty) Ltd and Balcova Trading CC (Mafika Group of Companies)
Case Number
LM162Dec22
Case type
Large Merger
Procedural matter
Type of merger
Conglomarate
Case status
Reasons Issued
Outcome
Approved
Order date
30-01-2023 12:10 PM
Competition Tribunal Members
Andiswa Ndoni, Imraan Valodia, Shaista Goga
Industry
2811 - Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
Relevant market
2811 2811 - Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
Sector
Financial and insurance activities
Primary Acquiring Firm
RMB Ventures Eight
Primary Target Firm
Mafika Engineering