Description of Activities

The Commission resolved to approve without conditions the acquisition by Sandveld Holdings (Proprietary) Limited of the entire shareholding in Sandveld Game CC and the business of Sandveld Safaris (Proprietary) Limited.

 The acquiring group is an entrant into the Namibian market, without past trading, whose purpose is to engage in farming, transportation, logistics, information technology (IT), mining, exploration.

The target undertaking is a trophy hunting and safaris business. 

Relevant market: The Secretariat looking at the parties’ activities, submits it is not necessary to definitively conclude on the relevant product market definition since the acquiring group is a new entrant without past trading or ownership of immovable assets.

Merger Determination

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