Apax -with- Iridium (The sector for the provision of logistic and support services to customers in the bio-pharmaceutical industry) [2009] IECompA M09027 (17 December 2009)

Apax -with- Iridium (The sector for the provision of logistic and support services to customers in the bio-pharmaceutical industry) [2009] IECompA M09027 (17 December 2009)

The Competition Authority determined that the proposed acquisition would not substantially lessen competition in the relevant sector and cleared the transaction.

Citation
[2009] IECompA M09027
Parties
Acquirer: Apax Partners LLP; Target: Iridium Holding Limited
Jurisdiction
Ireland
Judgment Date
17 December 2009
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
Cleared
Legal Topics
Merger Control, Acquisition of Sole Control, Logistic and Support Services, Bio Pharmaceutical Industry
Competition Law Merger Control Acquisition of Sole Control Logistic and Support Services Bio Pharmaceutical Industry

Case Brief

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Parties

Apax Partners LLP

Acquirer

Iridium Holding Limited

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition by Apax Partners LLP of sole control over Iridium Holding Limited raises competition concerns in the sector for logistic and support services to customers in the bio-pharmaceutical industry.

Ratio Decidendi

The Competition Authority determined that the proposed acquisition would not substantially lessen competition in the relevant sector and cleared the transaction.

Court Disposition

Cleared

Orders

  • The proposed transaction whereby Apax Partners LLP would acquire sole control over Iridium Holding Limited is cleared.