Galco/ Sperrin/ Sperrin [2007] IECompA m07031 (12 June 2007)

Galco/ Sperrin/ Sperrin [2007] IECompA m07031 (12 June 2007)

The Competition Authority found that the proposed acquisition by Galco Steel Limited of the entire issued share capital of Sperrin Galvanisers (Irl) Limited and Sperrin Galvanisers Limited would not substantially lessen competition in the relevant market.

Parties
Acquirer: Galco Steel Limited; Target: Sperrin Galvanisers (Irl) Limited; Target: Sperrin Galvanisers Limited
Jurisdiction
Ireland
Judgment Date
12 June 2007
Procedural Posture
Merger Notification / Decision (phase 2)
Outcome
cleared
Legal Topics
Merger Control, Steel Industry, Corrosion Protection Systems
Competition Law Merger Control Steel Industry Corrosion Protection Systems

Case Brief

Summary, issues, holding and outcome

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Parties

Galco Steel Limited

Acquirer

Sperrin Galvanisers (Irl) Limited

Target

Sperrin Galvanisers Limited

Target

Procedural Posture

Merger Notification / Decision (phase 2)

Legal Issues

  1. 1 Whether the proposed acquisition would substantially lessen competition in the provision of steel corrosion protection systems in Ireland.

Ratio Decidendi

The Competition Authority found that the proposed acquisition by Galco Steel Limited of the entire issued share capital of Sperrin Galvanisers (Irl) Limited and Sperrin Galvanisers Limited would not substantially lessen competition in the relevant market.

Court Disposition

cleared

Orders

  • The proposed acquisition is approved and may proceed.