Description of Activities

The Commission resolved to approve with conditions the acquisition by AMS Meat Supplies CC of the sale of the business unit known as “African Meat Supplies” as a going concern.

 The acquiring group is involved in the provision of a wide array of goods and services, in the butchery industry, as well as investments, engineering, and energy. Some of the goods and services offered by the acquiring group includes spices, casings – used in the manufacturing of cured and processed meats, butchery machinery and equipment, spice blends, property investments and rentals, accounting and consulting services, water pumps, and solar PV systems. 

 The business of the target undertaking is that of a butchery, with its primary activities including meat processing, processing of carcasses and other products into fresh and frozen meat cuts, dried, and cured meat products, and processed meat products. 

The product market is defined as the provision of processed, unprocessed, and cured meat, including butchery products and meat market products

Merger Determination

The Commission found the proposed transaction unlikely to result in the prevention or substantial lessening of competition but that it does raise public interest concerns, particularly regarding employment. Thus, the Commission approved the merger subject to employment conditions.

However, as stated under section 50 of the Act, this approval does not relieve parties from complying with any other mandatory statutory approvals that any of the parties to this merger must comply with under Namibian Laws.