JPMP Capital -with- IMO (Finance and Car Wash) [2003] IECompA M03046 (24 December 2003)

JPMP Capital -with- IMO (Finance and Car Wash) [2003] IECompA M03046 (24 December 2003)

The transaction did not raise competition concerns and was cleared at Phase 1.

Citation
[2003] IECompA M03046
Parties
Acquirer: JPMP Capital Corp.; Target: IMO Car Wash Group Limited
Jurisdiction
Ireland
Judgment Date
24 December 2003
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
Cleared
Legal Topics
Acquisition of Sole Control, Notification of Mergers, Clearance Procedure
Competition Law Merger Control Acquisition of Sole Control Notification of Mergers Clearance Procedure

Case Brief

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Parties

JPMP Capital Corp.

Acquirer

IMO Car Wash Group Limited

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition by JPMP Capital Corp. of sole control over IMO Car Wash Group Limited is compatible with competition law requirements.

Ratio Decidendi

The transaction did not raise competition concerns and was cleared at Phase 1.

Court Disposition

Cleared

Orders

  • The proposed acquisition is approved.