CRH Deutschland / Syncotec [2006] IECompA m06017 (15 March 2006)

CRH Deutschland / Syncotec [2006] IECompA m06017 (15 March 2006)

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

Parties
Acquirer: CRH Deutschland GmbH; Target: Syncotec GmbH; Target: Syncotec Immobilien GmbH & Co. Kommanditgesellschaft
Jurisdiction
Ireland
Judgment Date
15 March 2006
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
Cleared
Legal Topics
Merger Control, Acquisition, Market Impact
Competition Law Merger Control Acquisition Market Impact

Case Brief

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Parties

CRH Deutschland GmbH

Acquirer

Syncotec GmbH

Target

Syncotec Immobilien GmbH & Co. Kommanditgesellschaft

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition would substantially lessen competition in the relevant market

Ratio Decidendi

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

Court Disposition

Cleared

Orders

  • The proposed acquisition is approved and may proceed.