Description of Activities

Description: The Commission resolved to approve without conditions the acquisition by Vortex Holdings Namibia (Pty) Ltd of the shareholding in Roots Abattoir Enterprises (Pty) Ltd.

The acquiring group: The acquiring group is an investment vehicle that holds a non-controlling interest in a to-be-established beef export processing abattoir.

The primary target undertaking: The target undertaking is involved in the slaughtering and processing of chickens. 

Relevant market: The Secretariat, looking at the activities of the merging parties, defined the product market as the slaughtering, processing, and distribution of chickens.

Merger Determination

The Commission found the proposed transaction unlikely to result in the prevention or substantial lessening of competition or result in any undertaking to acquire or strengthen a dominant position in the market and did not raise any public interest concerns.

However, as stated under section 50 of the Act, this approval does not relieve parties from complying with any other mandatory statutory approvals that any of the parties to this merger must comply with under Namibian laws.