Honeywell / Gardiner [2006] IECompA m06013 (6 March 2006)

Honeywell / Gardiner [2006] IECompA m06013 (6 March 2006)

The Competition Authority found that the proposed acquisition did not raise competition concerns as the parties' activities did not significantly overlap in Ireland and the transaction would not substantially lessen competition.

Parties
Acquirer: Honeywell International Inc.; Target: Gardiner Security
Jurisdiction
Ireland
Judgment Date
06 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

Honeywell International Inc.

Acquirer

Gardiner Security

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition of Gardiner Security by Honeywell International Inc. would substantially lessen competition in any market for goods or services in the State.

Ratio Decidendi

The Competition Authority found that the proposed acquisition did not raise competition concerns as the parties' activities did not significantly overlap in Ireland and the transaction would not substantially lessen competition.

Court Disposition

Cleared

Orders

  • The proposed acquisition by Honeywell International Inc. of Gardiner Security is approved without conditions.