On 24 October 2024, the South African Competition Commission approved the acquisition of Versapak by Sinica. Sinica and Versapak are both involved in the manufacture and supply of polystyrene and PVC film packaging in South Africa.
An RBB team including Patrick Smith
Patrick SmithPartner, Simon Lee
Simon LeeAssociate Principal and Daniela Lamparelli
Daniela LamparelliSenior Associate advised the parties in the lead-up to the merger filing, and during the Commission’s investigation. The economic assessment covered a range of topics including closeness of competition and vertical effects.
The RBB team was instructed by Nortons Inc.
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