Accellent / Lake Region [2014] IECompA m14005 (4 February 2014)

Accellent / Lake Region [2014] IECompA m14005 (4 February 2014)

The Competition Authority found that the proposed acquisition would not substantially lessen competition in the relevant market and therefore cleared the transaction.

Parties
Acquirer: Accellent Inc.; Target: Lake Region Manufacturing Inc.
Jurisdiction
Ireland
Judgment Date
04 February 2014
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
cleared
Legal Topics
Merger Control, Medical Device Industry
Competition Law Merger Control Medical Device Industry

Case Brief

Summary, issues, holding and outcome

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Parties

Accellent Inc.

Acquirer

Lake Region Manufacturing Inc.

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition would substantially lessen competition in the manufacture and sale of precision engineered medical devices.

Ratio Decidendi

The Competition Authority found that the proposed acquisition would not substantially lessen competition in the relevant market and therefore cleared the transaction.

Court Disposition

cleared

Orders

  • The proposed acquisition by Accellent Inc. of Lake Region Manufacturing Inc. is cleared.