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[2024] ZACT 1
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National Union of Metalworkers of South Africa v Vitol Emerald Bidco (Pty) Ltd and Others (LM196Mar23/INT136Nov23) [2024] ZACT 1 (15 January 2024)
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COMPETITION TRIBUNAL OF SOUTH AFRICA
Case No.: LM196Mar23/INT136Nov23
In the intervention application of: |
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NATIONAL UNION OF METALWORKERS OF |
Applicant |
SOUTH AFRICA (NUMSA) |
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And |
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VITOL EMERALD BIDCO (PTY) LTD |
First Respondent |
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ENGEN LIMITED (PTY) LTD |
Second Respondent |
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COMPETITION COMMISSION OF SOUTH AFRICA |
Third Respondent |
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THE DEPARTMENT OF TRADE, INDUSTRY AND |
Fourth Respondent |
COMPETITION |
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ASTRON ENERGY (PTY) LTD |
Fifth Respondent |
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SASOL LIMITED |
Sixth Respondent |
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CHEMICAL, ENERGY, PAPER PRINTING, WOOD |
Seventh Respondent |
AND ALLIED WORKERS UNION |
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In re the large merger between: |
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VITOL EMERALD BIDCO (PTY) LTD |
Primary Acquiring Firm |
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And |
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ENGEN LIMITED (PTY) LTD |
Primary Target Firm |
Panel: |
M Mazwai (Presiding Member) |
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AW Wessels (Tribunal Member) |
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L Mncube (Tribunal Member) |
Heard on: |
11 January 2024 |
Order Issued on: |
15 January 2024 |
ORDER
Having read the papers of record and heard counsel for the parties, the Competition Tribunal ("Tribunal") orders as follows:
1. NUMSA is granted leave to intervene in the merger proceedings between the First and Second Respondents under case number LM196Mar23, to make oral and written submissions on the following two considerations:
1.1. Employment; and
1.2. Employment Equity Ownership.
2. The merging parties are ordered to pay the costs of NUMSA's application.
Presiding Member 15 January 2024
Ms Mondo Mazwai Date
Concurring: Prof. Liberty Mncube and Mr Andreas Wessels