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Cases & Case Files

Volvo Financial Services Southern Africa (Pty) Ltd And Volvo Vehicle Finance Debtors Book Owned By Wesbank, A Division of Firstrand Ltd

Case Number

LM162Mar20

Case type

Large Merger

Subcategories

Procedural matter

Type of merger

Horizontal

Case status

Reasons Issued

Outcome

Approved

Order date

2020-03-31

Competition Tribunal Members

Enver Daniels, Andreas Wessels, Imraan Valodia

Industry

Financial services

Relevant market

financial services to the customers who buy Volvo Group SA products.

Sector

Financial and insurance activities

Case File

Order Pdf

Case File 2

Reasons Pdf

Case File 4

Other Pdf

Case File 5

Other Pdf

Case File 6

Other Pdf

Remedy

Sections of the act

Case Name

Volvo Financial Services and Volvo Vehicle Finance

Appellant

Applicant

Competition Commission

Complainant

Interested Party

Intervener

Other

Primary Acquiring Firm

Volvo Financial Services Southern Africa (Pty) Ltd

Primary Target Firm

Volvo Vehicle Finance Debtors Book Owned by Wesbank, A division of Firstrand

Respondent

Secondary Acquiring Firm

Secondary Target Firm

Trade Union

CAC Case Number