Tribunal approves Super Group Holdings’ acquisition of Lieben Logistics and GLS Supply Chain Equipment

Type of matter	Parties involved	Commission’s recommendation to the Tribunal	Tribunal Decision
Large merger	Super Group Holdings (Pty) And Lieben Logistics (Pty) Ltd and GLS Supply Chain Equipment (Pty) Ltd.	Approval without conditions	*Commission requested a postponement

 

 

Tribunal approves Super Group Holdings’ acquisition of  Lieben Logistics and GLS Supply Chain Equipment

 

The Tribunal has approved the proposed transaction whereby Super Group Holdings (Pty) Ltd (Super Group) seeks to acquire LiebenLogistics (Pty) Ltd (Lieben) and GLS Supply Chain Equipment (Pty) Ltd (GLS) which are controlled by the Liebenberg Family Trust.

 

Super Group Holdings is controlled by Super Group Limited. The firm’s activities include supply chain services such as transportation and warehousing; fleet service solutions; and transportation of various products using different vehicles. Super Group is active internationally.

 

Lieben’s activities include transportation of goods by road as well as depots and satellite operations in Cape Town, Port Elizabeth, Durban and Johannesburg. GLS supplies various equipment products required for clients operating as supermarkets/hypermarkets.

 

The merger has been approved without conditions.

 

 

Issued by:

 

Gillian de Gouveia

Communications Officer

Tel: +27 (0) 12 394 1383

Cell: +27 (0) 82 410 1195

E-Mail: GillianD@comptrib.co.za

Twitter: @comptrib

  

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