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NaCC gives provisional approval for ship repair/engineering merger

By  |  July 24, 2012

The Namibian Competition Commission (NaCC) has provisionally approved a merger between South African companies DCD-Dorbyl and Elgin Brown and Hamer Group Holdings (EBH), who has interest in Namibia. Provisions of the approval include that Namport commit itself to make space available both in water and on land in the port of Walvis Bay by the end of 2014 for the construction and operation of an additional floating dock facility for ship and/or rig repairs by an undertaking other than the merging parties. Additional provisions include that no job losses may occur for the two years following the transaction.

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