Commission recommends approval of Hudaco Training transactions with conditions
The Competition Commission has recommended that the Competition Tribunal approve the proposed transaction whereby Hudaco Training intends to acquire
the entire business of Insulation Advanced Technology (IAT), Isomec, Isotec Balancing and Moholi Supplies, with conditions.
To address competition concerns relating to an excessive restraint of trade period, the commission has recommended to the tribunal set conditions requiring the merging parties to shorten the duration of the restraint of trade period in the sale of business agreement prior to the implementation of the merger.
The commission says the proposed transaction does not raise significant public interest concerns.
Additionally, the commission has also approved the proposed transaction whereby Hudaco Training intends to acquire Flosolve, with conditions.
To address competition concerns relating to an excessive restraint of trade period, the commission says it has approved the merger subject to the imposition of conditions, requiring the merging parties to shorten the duration of the restraint of trade period in the sale of business agreement prior to the implementation of the merger.
It notes that he proposed transaction does not raise significant public interest concerns.
Comments
Research Reports
Latest Multimedia
Latest News
Showroom
Rooted in the hearts of South Africans, combining technology and a quest for perfection to bring you a battery of peerless standing. Willard...
VISIT SHOWROOM
Leading condition monitoring specialists, WearCheck, help boost machinery lifespan and reduce catastrophic component failure through the scientific...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
