Case No: 2023SEP0040MER
Acquiring Undertaking: | Blue Maple Limited | Date Received: | Tuesday, 12 Sep 2023 |
Target Undertaking: | Karsten Namibia Agriculture (Proprietary) Limited | Determination: | Wednesday, 08 Nov 2023 |
Type of Merger: | Conglomerate | Analyst: | - |
Description of Activities
The Commission resolved to approve without conditions the acquisition by Blue Maple Limited of shares in Karsten Namibia Agriculture (Proprietary) Limited.
The acquiring group acts as a principal for the marketing and export of grapes, avocados, citrus, apples, and other deciduous fruit on behalf of producers in Russia but does not have any business activities in Namibia.
The target undertaking is engaged in the provision of consulting services specifically for the agricultural sector and the importation of packaging materials for grapes.
Relevant market: The Secretariat defines the relevant product market as i) the market for the provision of consulting services specifically focused on the agricultural sector and ii) the market for the provision of importation of packaging material for grapes in Aussenkehr, Karas 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.
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Explore documentation and details related to the Namibian Competition Act (Act No. 2 of 2003), offering insights into the legal framework governing fair competition in Namibia.
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