Case No: 2023OCT0043MER - Mergers & Acquisitions | Namibian Competition Commission

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Case No: 2023OCT0043MER

Acquiring Undertaking: 3 Sisters (Pty) Ltd Date Received: Friday, 06 Oct 2023
Target Undertaking: Capespan Group (Pty) Ltd Determination: Wednesday, 08 Nov 2023
Type of Merger: Conglomerate Analyst: -

Description of Activities

The Commission resolved to approve without conditions the acquisition by 3 Sisters Proprietary Limited of shares in Capespan Group Proprietary Limited.

The acquiring group is an investment group with a focus on agricultural investments.

The target undertaking is a global fruit producer. In Namibia, the target undertaking operates a grape farm producing table grapes in Aussenkehr. 

Relevant market: 

Merger Determination

The Commission found the proposed transaction unlikely to result in the prevention or substantial lessening of competition; it does not result in any undertaking acquiring or strengthening a dominant position in the market and does not raise any public interest concerns.


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