Raumix Aggregates (Raumix) of South Africa has been blocked by the Competition Commission from taking over OMV Group, a producer of aggregates used by road contractors as road stone to manufacture asphalt and concrete.
The Commission said that the transaction could substantially reduce competition in the production of aggregates used to surface roads in the Kimberley area.
Raumix is a subsidiary of Raubex that produces value-added bitumen products as well as resurface, restore and maintain roads.
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Raumix Aggregates (Raumix) of South Africa has been blocked by the Competition Commission from taking over OMV Group, a producer of aggregates used by road contractors as road stone to manufacture asphalt and concrete.
The Commission said that the transaction could substantially reduce competition in the production of aggregates used to surface roads in the Kimberley area.
Raumix is a subsidiary of
Raubex also supply aggregates from quarries as well as supply asphalt and other materials to the mining sector.
