Description of Activities

Description: The Commission resolved to approve without conditions the acquisition of the entire vegetable business of McCain Foods (South Africa) (PTY) LTD (“McCain SA”) as a going concern by Harvestime (PTY) LTD (“Harvestime”).

Acquiring group: The primary acquiring undertaking is Harvestime, a private company with its principal business address at 1275 Willem Botha Drive, Wierdapark Centurion, Gauteng, South Africa. Harvestime is a South African shelf company acquired by Enduring, a United States of America-based holding company that specializes in the acquisition of struggling companies to transform them into successful and profitable independent entities. Harvestime has no economic activities or commercial presence in Namibia. Enduring has no subsidiaries or business activities in Namibia. 

Target undertaking: The primary target undertaking is the vegetable processing business of McCain Foods (South Africa) (“McCain Business”) with its business address at 2nd Floor, Suite 10, Block 1, Oxford and Glrenhove Building, Rosebank, Gauteng, South Africa. McCain SA is active in the processing, freezing, packaging, marketing, and distribution of vegetables at its plants in South Africa. It is active in the frozen food market, serving the retail products and food service products industries. McCain SA makes sales into Namibia through its distributor, Sea Pride Foods.

Relevant market: Defined the relevant product market as the market for the marketing and distribution of frozen foods in 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.

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. Below are the summaries of the mergers determined.

Merger Determination No.1 of 2026__