LL / TPDL / FIL & FreshMills / Drummonds [2009] IECompA m09010 (21 May 2009)

LL / TPDL / FIL & FreshMills / Drummonds [2009] IECompA m09010 (21 May 2009)

The proposed joint venture and acquisition do not raise competition concerns and are cleared unconditionally at Phase 1.

Parties
Notifying Party: Labtop Limited; Notifying Party: Tipperary Property Development Limited; Notifying Party: Freshgrass Investments Limited; Acquirer: FreshMills Holdings Limited; Target: Drummonds Limited; Seller: Food Industries Limited
Jurisdiction
Ireland
Judgment Date
21 May 2009
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
Cleared (Phase 1)
Legal Topics
Merger Control, Joint Venture, Acquisition, Agri Business, Fertiliser Industry

Case Brief

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Parties

Labtop Limited

Notifying Party

Tipperary Property Development Limited

Notifying Party

Freshgrass Investments Limited

Notifying Party

FreshMills Holdings Limited

Acquirer

Drummonds Limited

Target

Food Industries Limited

Seller

Procedural Posture

Merger Notification / Phase 1 Clearance

  1. 1 Whether the proposed joint venture and subsequent acquisition would substantially lessen competition in the relevant markets.

Ratio Decidendi

The proposed joint venture and acquisition do not raise competition concerns and are cleared unconditionally at Phase 1.

Court Disposition

Cleared (Phase 1)

Orders

  • The transaction is approved without conditions.