Pieter Steyn

KEY PRACTICE AREA

Commercial:
> Corporate Mergers & Acquisitions
> Competition & Antitrust
> Africa

Specialises in:
> Commercial and corporate law
• companies and close corporations
• cross-border transactions
• mergers, acquisitions and management buy-outs
• restructuring of corporate entities
• Black Economic Empowerment (BEE) transactions
• due diligence investigations
• procurement, supply, distribution and manufacturing agreements
> African trade and projects
• cross border joint ventures and other transactions
• establishing businesses in African countries
> Competition/antitrust law
• merger control in South Africa and COMESA
• cartel investigations and other prohibited practices
> Trust law
> Gaming law, including lotteries

CAREER
BSc (LAB MED)
LLB (University of the Witwatersrand)
LLM (Competition, patent and trade law) (University of South Africa)
1996: Director, Werksmans
2001 – Present: Chairperson of Lex Africa (network of leading law firms in 25 African countries)
Former Chairperson of the NEPAD Business Foundation (NBF) Legal Sector

Highlights

  • Speaks English, German, French and Afrikaans
  • Co-Chair of the International Bar Association’s Antitrust Committee
  • Member of the Committee on Competition Law of the Law Society of the Northern Provinces
  • Provided pro bono advice to the Jane Goodall Institute South Africa, Campaigning for Cancer and education charity Eureka
  • IBA Antitrust Committee newsletter rapporteur for South Africa from 2001 to 2010
  • IBA Antitrust Committee Secretary and Membership Officer from 2010 – 2011, vice chair and senior vice chair from 2012 to 2015
  • IBA Antitrust Committee Vice Chair from 2012 to 2013
  • Pieter is an M&A corporate lawyer whose LLM also covered competition law. When the new Competition Act came into force in 1999, he began to actively practice competition law in addition to his corporate practice. He finds his competition law expertise very useful in advising corporate clients on M&A and other commercial transactions like distribution, agency and joint venture agreements.
  • He has written several articles, been interviewed on radio and television and spoken and chaired panels at local and international conferences and seminars on:
    • South African corporate and competition law
    • corporate governance
    • joint ventures, investment, M&A and doing business in Africa
  • Named as a leading lawyer in
    • International Who’s Who of Competition Lawyers & Economists (2015)
    • Competition by IFLR1000: The Guide to the World’s Leading Financial Law Firms (2011 and 2012)
    • Competition by the International Who’s Who Legal (2007-2015)
    • Named as a recommended lawyer in Competition by the Legal500 (2011 and 2012)

Commercial/corporate law experience

  • Pieter has given commercial and corporate law advice to various local and foreign corporate clients including Cadbury, Cargill, Honeywell, Airports Company South Africa, SABMiller, Bollore Group, Havas, Walmart, Bayer, Royal Canin, Wyeth, Edcon, Esco Corporation, Constellation Wines, PG Group, ExxonMobil. Ariba, Tata, Transpaco, Hartmann, Hochtief, Travelex, Schwenk, Tattersall’s, Amsterdam RAI, Aristocrat, Bally Gaming, Ingram Micro and Zimmer.
  • Some transactions in which he was involved are –
    • acting for Cadbury in the sale of its beverage business in South Africa to Tiger Brands (R1.3 billion);
    • acting for Aergo Capital in its acquisition of Safair from Imperial and Sanlam (R1 billion);
    • acting for Nafcoc Investment Holding Company in the sale of its shares in Tsogo Investment Holding Company (R1.2 billion);
    • acting for Schwenk and Ohorongo with regard to a €125 million cement plant project in Namibia.
    • Pieter has acted for several Black Economic Empowerment (BEE) clients (including Black Management Forum Investments, Sekunjalo, Nozala, Peu and Nafcoc Investment Holding Company) and been involved in several BEE transactions including with regard to Pretoria Portland Cement (PPC), Adcorp, Aristocrat, ThyssenKrupp and Group Five.
    • Pieter has advised several local and foreign corporate clients with regard to acquisitions, projects and other business interests in various African countries including Cadbury in Botswana, SABMiller in Ghana, Nigeria, Sudan and Rwanda, Schwenk in Namibia, Cargill in Zimbabwe, AstraZeneca in Nigeria, Angola and Kenya and Bollore in Zambia.
    • Pieter acted for Uthingo, the first operator of the South African National Lottery from 1998 to 2008 (when its lottery licence was not renewed). He was involved in forming Uthingo, advising on its shareholder arrangements and its bid for the National Lottery licence, negotiating the licence with the Government and advising Uthingo on various commercial and regulatory issues. He has also advised several gambling companies (including Tattersall’s, Aristocrat, Cashcade and Bally Gaming) with regard to various gambling law and commercial legal matters.