Ireland Judgment

3i/Uponor [2008] IECompA m08017 (9 May 2008)

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Source document

01

Holding and result

The Competition Authority found that the proposed acquisition would not substantially lessen competition in any market for goods or services in Ireland.

Court disposition

Cleared

Orders

  • The proposed acquisition by 3i Group plc of Uponor Ltd is cleared under Phase 1.

02

Material facts

Parties

3i Group plc

Acquirer

Uponor Ltd

Target

03

Procedural history

  1. Posture

    Merger Notification / Phase 1 Clearance

04

Questions and positions

Legal issues

Whether the proposed acquisition would substantially lessen competition in the relevant market

Party arguments

Applicant
The acquisition would not adversely affect competition as the parties operate in distinct areas and the transaction does not result in significant market overlap.
Respondent
No objections or arguments opposing the merger were submitted.

05

Court’s reasoning

  1. 01

    Competition Act 2002 (Ireland)

    Assessment of mergers under Irish competition law to determine impact on competition.

06

Ratio, limits and disposition

Ratio decidendi

The Competition Authority found that the proposed acquisition would not substantially lessen competition in any market for goods or services in Ireland.

Court disposition

Cleared

  • The proposed acquisition by 3i Group plc of Uponor Ltd is cleared under Phase 1.

Source and reliance status

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Source document

Court record

Judgment

Judgment

3i/Uponor [2008] IECompA m08017 (9 May 2008) [ Home ] [ Databases ] [ World Law ] [ Multidatabase Search ] [ Help ] [ Feedback ] [

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BAILII >> Databases >> Irish Competition Authority Decisions >> 3i/Uponor [2008] IECompA m08017 (9 May 2008) URL: https://www.bailii.org/ie/cases/IECompA/2008/m08017.html Cite as: [2008] IECompA m08017, [2008] IECompA m8017 [ New search ] [ Help ] 3i/Uponor [2008] IECompA m08017 (9 May 2008) Page Attachment M08017- 3i-Uponor.public.fv_0.pdf (68.75 KB) (68.75 KB) M08017- 3i-Uponor.public.fv.pdf (68.75 KB) (68.75 KB) Transaction details Proposed acquisition by 3i Group plc of Uponor Ltd. Economic sector Media merger PE Infrastucture utility pipe systems No Notification date: Friday, May 9, 2008 Parties Involved Business activities 3i is a venture capital and private equity investor. Uponor designs, manufactures and supplies PE infrastructure utility pipe systems. Integrated Payment Systems Inc American Express Travel Related Services Company Inc JWT (Forex) Limited Case Officer Assigned Contact Details Victoria Balageur 018045451, vb@tca.ie The deadline for any third parties who wish to make submissions regarding the competition aspects of this merger is: Phase 1 Friday, May 23, 2008 Current status Completed Cleared (Phase 1) Decision date: Thursday, June 5, 2008 Competition and Consumer Protection Commission (Ireland) © BAILII: Copyright Policy | Disclaimers | Privacy Policy | Feedback | Donate to BAILII URL: https://www.bailii.org/ie/cases/IECompA/2008/m08017.html

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Authorities

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Cases, legislation, regulations, and constitutional provisions identified in the available record.

Competition Act 2002 (Ireland)

Legislation

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