Description of Activities

Description: The Commission resolved to approve without conditions the acquisition by Westcoast Cold Storage Pty Ltd of an immovable property purchased on an Aucor Auction, Erf 3068, (A portion of Erf 3003), Narraville, Walvis Bay, from Mr. Rojo Edgar van Wyk.

Acquiring group: The acquiring undertaking is a new company that is to be used to hold immovable property and conduct a cold storage business.

Target undertaking: The target undertaking is an immovable property situated at Erf 3068, Narraville, Walvis Bay.

Type of merger:  Conglomerate

Relevant market: Defined the relevant product market as the market for the provision of cold storage in Walvis Bay, Namibia. 

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.

Merger Determination No.6 of 2025_