Industri Kapital/ Magotteaux [2007] IECompA m07004 (11 January 2007)

Industri Kapital/ Magotteaux [2007] IECompA m07004 (11 January 2007)

The Competition Authority determined that the proposed acquisition would not substantially lessen competition in any market in Ireland and therefore cleared the transaction in Phase 1.

Parties
Acquirer: Industri Kapital; Acquirer: MGTX International Sarl; Target: Magotteaux Group SA
Jurisdiction
Ireland
Judgment Date
11 January 2007
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
Cleared
Legal Topics
Merger Control, Share Acquisition
Competition Law Merger Control Share Acquisition

Case Brief

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Parties

Industri Kapital

Acquirer

MGTX International Sarl

Acquirer

Magotteaux Group SA

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

Legal Issues

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

Ratio Decidendi

The Competition Authority determined that the proposed acquisition would not substantially lessen competition in any market in Ireland and therefore cleared the transaction in Phase 1.

Court Disposition

Cleared

Orders

  • The proposed acquisition of shares in Magotteaux Group SA by MGTX International Sarl is cleared under Phase 1.