Commission approves Afrimat’s proposed acquisition of Ochre Shimmer Trade and Invest 78

Following its ordinary meeting on December 9, the Competition Commission has approved JSE-listed construction materials and industrial minerals company Afrimat’s proposed acquisition of Ochre Shimmer Trade and Invest 78, without conditions. The commission notes that JSE-listed Afrimat has nominated its wholly-owned subsidiary Afrimat Iron Ore (AIO) to acquire the target firm.