Merger Alert: Great Westerford Holdings (Pty) Ltd and the rental enterprise including the property known as "Great Westerford"
Notice
The following Merger Alert is for information purposes only and is not binding on the Competition Tribunal or any member of the Tribunal
Lead Text
The Tribunal has unconditionally approved the merger whereby Great Westerford Holdings (Pty) Ltd (“Great Westerford”) intends to acquire the rental enterprise, including the property known as "Great Westerford", from Ingenuity Property Investments (Pty) Ltd.
Type of matter
Large merger
Parties involved
Great Westerford Holdings (Pty) Ltd and the rental enterprise including the property known as "Great Westerford"
Tribunal Decision
Approved without conditions
Issued By
Gillian de Gouveia, Communications Manager
On behalf of the Competition Tribunal of South Africa
The Tribunal has unconditionally approved the merger whereby Great Westerford Holdings (Pty) Ltd (“Great Westerford”) intends to acquire the rental enterprise, including the property known as "Great Westerford", from Ingenuity Property Investments (Pty) Ltd.
The acquiring group provides vendor neutral data centres which involves the secure housing of information systems and networking equipment within its premises. It also provides data centre solutions targeted at cloud providers, network and telecoms providers, managed services providers, enterprises, financial services and content providers.
The rental enterprise, including the property known as Great Westerford, is located in Cape Town. It comprises office space with two of the current tenants operating retail businesses i.e. a personal training studio and a coffee shop.
