COMPETITION TRIBUNAL REPUBLIC OF SOUTH AFRICA

Case No.: LM046Jun24

In the matter between:

DP World Logistics FZE	Primary Acquiring Firm

And

Cargo Services Seafreight Limited	Primary Target Firm

Panel:	M Mazwai (Presiding Member) 
	G Budlender (Tribunal Member) 
	I Valodia (Tribunal Member)
Heard on:	06 August 2024
Decided on:	06 August 2024

ORDER

Further to the recommendation of the Competition Commission in terms of section 14A(1)(b) of the Competition Act, 1998 (“the Act”) the Competition Tribunal orders that–

1.	the merger between the abovementioned parties be approved in terms of section 16(2)(a) of the Act; and

2.	a Merger Clearance Certificate be issued in terms of Competition Tribunal Rule 35(5)(a). 

Presiding Member Ms Mondo Mazwai

06 August 2024
Date

Concurring: Adv Geoff Budlender SC and Prof Imraan Valodia