Balxodox (Pty) Ltd And the rental enterprise known as the Courier Guy and Morgan Cargo Building held by King Air Industria

The judgment

The court's own file

COMPETITION TRIBUNAL REPUBLIC OF SOUTH AFRICA Case No.: LM201Mar26 In the matter between: Balxodox (Pty) Ltd Primary Acquiring Firm And The rental enterprises known as the Courier Guy and Morgan Cargo Buildings held by King Air Industria (Pty) Ltd Primary Target Firms I Valodia (Presiding Member) T Vilakazi (Tribunal Member) Panel: A Ndoni (Tribunal Member) Heard on: 29 April 2026 Decided on: 29 April 2026 ORDER Further to the recommendation of the Competition Commission in terms of section 14A(1)(b) of the Competition Act, 1998 (“the Act”) the Competition Tribunal orders that– 1. the merger between the abovementioned parties be approved in terms of section 16(2)(a) of the Act; and 2. a Merger Clearance Certificate be issued in terms of Competition Tribunal Rule 35(5)(a). 29 April 2026 Presiding Member Prof. Imraan Valodia DateConcurring: Prof. Thando Vilakazi and Ms Andiswa Ndoni. Date : 29 April 2026To : Cliffe Dekker Attorneys Case Number: LM201Mar26 Balxodox (Pty) Ltd And The rental enterprises known as the Courier Guy and Morgan Cargo Buildings held by King Air Industria (Pty) Ltd You applied to the Competition Commission on for merger approval in accordance with Chapter 3 of the Competition Act. Your merger was referred to the Competition Tribunal in terms of section 14A of the Act or was the subject of a Request for consideration by the Tribunal in terms of section 16(1) of the Act. After reviewing all relevant information, and the recommendation or decision of the Competition Commission, the Competition Tribunal approves the merger in terms of section 16(2) of the Act, for the reasons set out in the Reasons for Decision. This approval is subject to: x no conditions the conditions listed on the attached sheet. The Competition Tribunal has the authority in terms of section 16(3) of the Competition Act to revoke this approval if a) it was granted on the basis of incorrect information for which a party to the merger was responsible. b) the approval was obtained by deceit. c) a firm concerned has breached an obligation attached to this approval. The Registrar, Competition Tribunal Notice CT 10 About this Notice This form is prescribed by the Minister of Trade and Industry in terms of section 27 (2) of the Competition Act 1998 (Act No. 89 of 1998). Contacting the Tribunal The Competition Tribunal Private Bag X24 Sunnyside Pretoria 0132 Republic of South Africa tel: 27 12 394 3300 fax: 27 12 394 0169 e-mail: ctsa@comptrib.co.za Merger Clearance Certificate This notice is issued in terms of section 16 of the Competition Act. You may appeal against this decision to the Competition Appeal Court within 20 business days.