Brunner/ Arnotts [2007] IECompA m07056 (24 September 2007)

Brunner/ Arnotts [2007] IECompA m07056 (24 September 2007)

The acquisition does not raise competition concerns and is compatible with competition law, as there is no significant overlap or reduction in competition in the relevant markets.

Parties
Acquirer: Brunner Limited; Target: Arnotts Holdings Limited; Other: Boundary Capital plc; Other: Richard Nesbitt; Other: Gowan Distributors Ltd.
Jurisdiction
Ireland
Judgment Date
24 September 2007
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
Cleared
Legal Topics
Merger Control, Retail Sector, Media Merger

Case Brief

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Parties

Brunner Limited

Acquirer

Arnotts Holdings Limited

Target

Boundary Capital plc

Other

Richard Nesbitt

Other

Gowan Distributors Ltd.

Other

Procedural Posture

Merger Notification / Phase 1 Clearance

  1. 1 Whether the indirect acquisition by Brunner Limited of a 45% stake in Arnotts Holdings Limited is compatible with competition law.

Ratio Decidendi

The acquisition does not raise competition concerns and is compatible with competition law, as there is no significant overlap or reduction in competition in the relevant markets.

Court Disposition

Cleared

Orders

  • The merger is approved without conditions.