Subscribe & Follow

Advertise your job vacancies

Jobs

Dispatch Supervisor Cape Town
Administrator (Internal Sales Department) Vereeniging

Super Group, Safika merger approved

1 Mar 2013

The Competition Tribunal has unconditionally approved the Super Group and Safika merger.

Super Group‚ is active in the planning and management of all activities in the supply chain such as procurement‚ transporting and warehousing of goods. Some of the products it transports are dry bulk powders like cement as well as frozen and chilled food products.

Safika Logistics‚ through its subsidiary Safika Oosthuizens Transport‚ provides logistics services relating to the transportation of coal‚ chrome‚ sand‚ stones and animal feed in tipper-truck vehicles.

According to Super Group‚ it would like to enter and expand into the tipper-type sector of the logistics market‚ hence it wished to buy a share in Safika Logistics. Safika Logistics‚ on the other hand‚ wanted to realise its investment without disinvesting in the company.

The Competition Commission assessed the transaction and concluded that it was unlikely to cause a substantial lessening of competition and had recommended that the deal be approved without conditions.

Source: I-Net Bridge

For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

Go to: http://www.inet.co.za