Kingspan _ CRH Insulation Europe (Insulation and packaging materials) [2010] IECompA M10039 (19 November 2010)

The Competition Authority found that the proposed acquisition would not substantially lessen competition in the relevant market and therefore cleared the transaction.

Citation: [2010] IECompA M10039
Parties: Acquirer: Kingspan Group Plc; Seller: CRH Plc; Target: CRH Insulation Europe
Jurisdiction: Ireland
Judgment Date: 19 November 2010
Procedural Posture: Merger Notification / Clearance (phase 1)
Outcome: cleared
Legal Topics: Merger Control, Acquisition, Market Concentration

Competition Law Merger Control Acquisition Market Concentration

Case Brief

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Parties

Kingspan Group Plc

Acquirer

CRH Plc

Seller

CRH Insulation Europe

Target

Procedural Posture

Merger Notification / Clearance (phase 1)

Legal Issues

1 Whether the proposed acquisition would substantially lessen competition in the market for insulation and packaging materials

Ratio Decidendi

The Competition Authority found that the proposed acquisition would not substantially lessen competition in the relevant market and therefore cleared the transaction.

Court Disposition

cleared

Orders

Kingspan Group Plc is permitted to acquire sole control of CRH Insulation Europe.