GRI

Hudaco Trading (Pty) Ltd And The Entire Business of Insulation Advanced Technology (Pty) Ltd, Isomec (Pty) Ltd, Isotec Balancing (Pty) Ltd; and Moholi Supplies (Pty) Ltd as a Going Concern

Enforcement Competition Sanctions & Fines
Date: 29th Apr, 2025 Source: The Competition Tribunal Country: South Africa Original Source

Brief

The document refers to a merger case between Hudaco Trading (Pty) Ltd and several target firms, including Insulation Advanced Technology (Pty) Ltd. The merger involves both the acquisition and sale of various businesses as a going concern. This large-scale merger in the manufacturing industry is pending approval from the Competition Tribunal, with Members Andiswa Ndoni, Geoff Budlender, and Thando Vilakazi involved in the decision-making process. The order date for this case is April 29th, 2025.

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The Competition Tribunal

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