Olea Holdings Seeks Full Acquisition of Marsh Botswana in Proposed Merger. The Competition and Consumer Authority (CCA) has received a merger notification regarding the proposed 100% acquisition of Marsh Botswana Proprietary Limited by Olea Holdings Limited from MMC UK Group Limited. The transaction falls under Merger Notice No. 15 of 2025 and is being reviewed under Section 49(1) of the Competition Act 2018.
Olea Holdings, the acquiring entity, is a Mauritius-registered company and a wholly owned subsidiary of Olea Holding France, a France-based insurance brokerage group. The Olea Group operates across Africa, offering services in risk management, trade credit, employee benefits, financial planning, and digital insurance solutions. However, it currently does not operate in Botswana or sell insurance products within the country
The target enterprise, Marsh Botswana, is a Botswana-registered company and a subsidiary of MMC UK Group Limited, which is ultimately controlled by Marsh & McLennan Companies, Inc., a publicly traded firm listed on the New York and Chicago Stock Exchanges. Marsh Botswana specializes in insurance brokerage and advisory services, catering to both personal and commercial clients with tailored insurance solutions.
The directors of Marsh Botswana are Fritzgerald Bongani Dube, Kobus Groenewald, Michelle Pienaar, and Thatayaone Gabaraane.
