Spotless Group (AXA)/ Punch Industries/ Glanmire [2006] IECompA m06078 (16 November 2006)

Spotless Group (AXA)/ Punch Industries/ Glanmire [2006] IECompA m06078 (16 November 2006)

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

Parties
Acquirer: Spotless Group SAS (ultimately controlled by AXA Private Equity); Target: Punch Industries (UK) Limited; Target: Glanmire Holdings
Jurisdiction
Ireland
Judgment Date
16 November 2006
Procedural Posture
Merger Notification / Phase 1 Determination
Outcome
Cleared (Phase 1)
Legal Topics
Merger Control, Media Merger, Fabric Care Sector, Home Care Sector, Personal Care Sector
Competition Law Merger Control Media Merger Fabric Care Sector Home Care Sector Personal Care Sector

Case Brief

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Parties

Spotless Group SAS (ultimately controlled by AXA Private Equity)

Acquirer

Punch Industries (UK) Limited

Target

Glanmire Holdings

Target

Procedural Posture

Merger Notification / Phase 1 Determination

Legal Issues

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

Ratio Decidendi

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

Court Disposition

Cleared (Phase 1)

Orders

  • The proposed acquisition is approved without conditions.