M/17/018-Exponent/DCC Environmental [2017] IECompA m17018 (8 May 2017)
- Status
- Judgment
- Jurisdiction
- Ireland
- Posture
- Merger Control / Phase 1 Clearance
On this page
Professional case brief
Research organized from the available case record
01
Holding and result
The Competition and Consumer Protection Commission determined that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State.
Court disposition
cleared
Orders
- The proposed acquisition of DCC Environmental Limited and DCC Environmental Britain Limited by Funds managed or controlled by Exponent Private Equity LLP is cleared.
02
Material facts
Parties
Exponent Private Equity LLP
AcquirerDCC Environmental Limited
TargetDCC Environmental Britain Limited
Target03
Procedural history
Posture
Merger Control / Phase 1 Clearance
04
Questions and positions
Legal issues
Whether the proposed acquisition would substantially lessen competition in any market for goods or services in the State
Party arguments
- Applicant
- Exponent Private Equity LLP submitted that the acquisition would not result in a substantial lessening of competition in any market in Ireland.
- Respondent
- No objections or adverse submissions from DCC Environmental or third parties were recorded.
05
Court’s reasoning
Legal principles
- 01
Competition Act 2002 (as amended), Section 20(1)(c)
A merger or acquisition must not substantially lessen competition in any market for goods or services in the State.
06
Ratio, limits and disposition
Ratio decidendi
The Competition and Consumer Protection Commission determined that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State.
Court disposition
cleared
- The proposed acquisition of DCC Environmental Limited and DCC Environmental Britain Limited by Funds managed or controlled by Exponent Private Equity LLP is cleared.
Source and reliance status
Official court record
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Judgment reading view
Judgment text
The complete available source text.
Court record
Judgment
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BAILII >> Databases >> Irish Competition Authority Decisions >> M/17/018-Exponent/DCC Environmental [2017] IECompA m17018 (8 May 2017) URL: https://www.bailii.org/ie/cases/IECompA/2017/m17018.html Cite as: [2017] IECompA m17018 [ New search ] [ Help ] M/17/018-Exponent/DCC Environmental Page Attachments M-17-018 Merger Announcement M-17-018 Exponent DCC Determination- public Transaction details The proposed acquisition of DCC Environmental Limited and DCC Environmental Britain Limited by Funds managed or controlled by Exponent Private Equity LLP, has been cleared by the Competition and Consumer Protection Commission. Notification date Decision date Thursday April 6, 2017 Monday, May 8, 2017 Parties Involved Business activities Exponent Private Equity LLP Exponent Private Equity LLP is an international private equity group based in the United Kingdom. It manages and controls a variety of portfolio companies which generate revenue in the State. DCC Environmental Limited and DCC Environmental Britain Limited DCC Environmental Limited and DCC Environmental Britain Limited (collectively "DCC Environmental") provide recycling, waste management and resource recovery services to the industrial, commercial, construction and public sectors in Ireland and the United Kingdom. In Ireland, DCC Environmental is branded as -�Enva-� and Enva is a hazardous waste treatment company. Economic sector Media merger Waste Sector No Submissions from third parties due by: Phase 1 Phase 2 Friday, April 21, 2017 Current status: Completed Cleared (Phase 1) Authorised Officer Assigned Contact Details Han Nie Tel:(+353)14703664 Email: hannie@ccpc.ie BAILII: Copyright Policy | Disclaimers | Privacy Policy | Feedback | Donate to BAILII URL: https://www.bailii.org/ie/cases/IECompA/2017/m17018.html
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