Alchemy / Calyx [2007] IECompA m07032 (13 June 2007)

Alchemy / Calyx [2007] IECompA m07032 (13 June 2007)

The Competition Authority determined that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State, as there was no overlap in the parties' activities and no competition concerns were identified.

Parties
Acquirer: Alchemy Partners (Guernsey) Limited; Target: Calyx Group plc
Jurisdiction
Ireland
Judgment Date
13 June 2007
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
Cleared
Legal Topics
Merger Control, Acquisition of Sole Control, IT Services Sector
Competition Law Merger Control Acquisition of Sole Control IT Services Sector

Case Brief

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Parties

Alchemy Partners (Guernsey) Limited

Acquirer

Calyx Group plc

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition of sole control of Calyx Group plc by funds managed by Alchemy Partners (Guernsey) Limited would substantially lessen competition in any market for goods or services in the State.

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, as there was no overlap in the parties' activities and no competition concerns were identified.

Court Disposition

Cleared

Orders

  • The proposed acquisition of sole control of Calyx Group plc by funds managed by Alchemy Partners (Guernsey) Limited is cleared under Section 21(2)(a) of the Competition Act 2002.