Promontoria / Greenstar [2013] IECompA m13015 (2 May 2013)

Promontoria / Greenstar [2013] IECompA m13015 (2 May 2013)

The Competition Authority found that the proposed acquisition by Promontoria Holdings 52 BV of Greenstar would not substantially lessen competition in the provision of waste management services in the State and therefore cleared the transaction under Phase 1 review.

Parties
Acquirer: Promontoria Holdings 52 BV; Target: Greenstar Holdings Limited (In Receivership)
Jurisdiction
Ireland
Judgment Date
02 May 2013
Procedural Posture
Merger Control / Phase 1 Clearance
Outcome
cleared
Legal Topics
Merger Control, Waste Management Sector
Competition Law Merger Control Waste Management Sector

Case Brief

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Parties

Promontoria Holdings 52 BV

Acquirer

Greenstar Holdings Limited (In Receivership)

Target

Procedural Posture

Merger Control / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition would substantially lessen competition in the provision of waste management services in the State

Ratio Decidendi

The Competition Authority found that the proposed acquisition by Promontoria Holdings 52 BV of Greenstar would not substantially lessen competition in the provision of waste management services in the State and therefore cleared the transaction under Phase 1 review.

Court Disposition

cleared

Orders

  • The proposed acquisition is cleared under Phase 1.