Description of Activities

The Commission resolved to approve without conditions the acquisition by Mont Vinum Properties (Pty) Ltd. of additional properties at the Am Weinberg Estate.

The acquiring group is involved in owning and letting fixed property and other asset investments.

The target undertaking comprises hotel and conferencing facilities.

Relevant market: Defined immovable property zoned as commercial in Windhoek, Khomas region, Namibia.

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.