Celsa / BRC / McMahon [2008] IECompA m08030 (25 September 2008)

Celsa / BRC / McMahon [2008] IECompA m08030 (25 September 2008)

The Competition Authority found that the proposed acquisition would not substantially lessen competition in the markets for reinforcing steel products and their processing/distribution for the building and construction industry.

Parties
Acquirer: Celsa Group; Target: BRC McMahon Limited; Parent: James McMahon Limited
Jurisdiction
Ireland
Judgment Date
25 September 2008
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
merger cleared
Legal Topics
Merger Control, Joint Venture, Steel Industry

Case Brief

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Parties

Celsa Group

Acquirer

BRC McMahon Limited

Target

James McMahon Limited

Parent

Procedural Posture

Merger Notification / Phase 1 Clearance

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

Ratio Decidendi

The Competition Authority found that the proposed acquisition would not substantially lessen competition in the markets for reinforcing steel products and their processing/distribution for the building and construction industry.

Court Disposition

merger cleared

Orders

  • Acquisition by Celsa Group of a jointly controlling interest in BRC McMahon Limited is approved