Pilgrim (Oaktree Group) -with- MHL & MCL (Construction and related services) [2010] IECompA M10041 (24 November 2010)

Pilgrim (Oaktree Group) -with- MHL & MCL (Construction and related services) [2010] IECompA M10041 (24 November 2010)

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

Citation
[2010] IECompA M10041
Parties
Acquirer: Pilgrim S.á.r.l. (Oaktree Group); Target: McInerney Homes Limited (MHL); Target: McInerney Contracting Limited (MCL)
Jurisdiction
Ireland
Judgment Date
24 November 2010
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
cleared
Legal Topics
Merger Control, Acquisition, Construction Sector
Competition Law Merger Control Acquisition Construction Sector

Case Brief

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Parties

Pilgrim S.á.r.l. (Oaktree Group)

Acquirer

McInerney Homes Limited (MHL)

Target

McInerney Contracting Limited (MCL)

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition of MHL and MCL by Pilgrim (Oaktree Group) is compatible with competition law requirements

Ratio Decidendi

The Competition Authority found 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 McInerney Homes Limited and McInerney Contracting Limited by Pilgrim S.á.r.l. (Oaktree Group) is cleared.