Description of Activities

The Commission resolved to approve without conditions the acquisition by Diederick Johannes Cornelissen of the entire issued share capital in Star Body Works (Pty) Ltd.

The acquiring group owns immovable properties measuring 1, 1067 hectares in Windhoek, from which it generates rental income, and also holds interest in the target undertaking.

The target undertaking is engaged in the selling of relevant vehicle parts and providing the service of repairing, panel beating, and spraying paint on vehicles.

Relevant market: Defined as the market for the provision of the sale of used motor vehicle parts, ii) the market for the provision of the repair of motor vehicles iii) the market for the provision of spray painting of motor vehicles and panels of motor vehicles

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.