Industrial Development Corporation of South Africa SOC Ltd And Celrose (Pty) Ltd

Case number: LM271Mar19
Case parties: Primary Acquiring Firm: The Industrial Development Corporation of South Africa
Primary Target Firm: Celrose (Pty) Ltd
Case type: Large Merger
Type of merger: Conglomarate
Case status: Reasons Issued
Outcome: Approved Subject to Conditions
Order date: 2019-04-11
Sector: Manufacturing
Industry: Manufacture of wearing apparel except fur
Relevant market: Manufacture and supply of clothing and footwear
Remedy: 12A(3)(b) employment