Description of Activities

Description: The Commission resolved to approve without conditions the acquisition by Harshadkumar Patel of the minority shareholding in Swami Properties (Pty) Ltd. Secondly, and in a subsequent consequent donation transaction, Harshadkumar Patel intends to transfer his total shareholding acquired from Swami Properties (Pty) Ltd and his sole shareholding in Winelwo Investments to Botsnar LLC.

Acquiring group: The first primary acquiring undertaking is Mr. Harshadkumar Patel, a natural person resident in the Republic of Botswana. The second primary acquiring undertaking is Botsnar LLC, a company incorporated and registered under the laws of Florida. The acquiring group is active in the business of automotive spare parts trading and the ownership and leasing of residential property for rental income.

Target undertaking: The first primary target undertaking is Swami Properties (Pty) Ltd, a Namibian-incorporated undertaking. The second primary target undertaking is Winelwo Investments (Pty) Ltd, a Namibian-incorporated undertaking. The target undertakings are active in the business of automotive spare parts trading and the ownership and leasing of residential property for rental income. 

Relevant market: Defined the relevant market as the retail of automotive parts and components, and ownership of immovable property.

Merger Determination

The Commission found the proposed transaction unlikely to result in the prevention or substantial lessening of competition or result in any undertaking to acquire or strengthen a dominant position in the market and did not raise any public interest concerns.

Furthermore, as per section 50 of the Act, these approvals do not relieve parties from complying with any other mandatory statutory approvals that any of the parties to the merger must comply with under Namibian laws. 

Merger Determination No.1 of 2026__