Description of Activities

Description of transaction: The Commission resolved to approve without conditions the acquisition by Kaap Agri (Namibia) (Pty) Ltd of the sale of the fuel service station from Riverside Service Station Centre CC.

Acquiring group: Kaap Agri (Namibia) Pty Ltd is the primary acquiring undertaking. The acquiring group supplies the agricultural industry with agricultural and industry related goods and it operates 23 branches throughout Namibia. As part of its offering to the agricultural industry, the acquiring group sells fuel at its branches and at 5 of its branches it owns and operates Shell retail fuel service stations 

Target undertaking: The primary target undertaking is the fuel service station business of Riverside Service Station Centre CC, located at the corner of Robert Mugabe Avenue and Etna Street, Windhoek, Namibia. This Total-branded station sells fuel and includes an express convenience shop and a fast-food outlet typical of service station offerings. The transaction involves only the fuel service station business as a going concern and does not include the immovable property on which the business operates.

Relevant market: The Secretariat defined the relevant market as the sale of retail fuel in Windhoek, Namibia. 

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.