Fitzwilliam / Wittington / Arnotts | Competition and Consumer Protection Commission [2015] IECompA m15036 (13 July 2015)

Fitzwilliam / Wittington / Arnotts | Competition and Consumer Protection Commission [2015] IECompA m15036 (13 July 2015)

The Commission determined that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State and therefore cleared the transaction.

Parties
Acquirer: Fitzwilliam Finance Partners Limited; Acquirer: Wittington Investments, Limited; Target: Arnotts Holdings Limited; Regulator: Competition and Consumer Protection Commission
Jurisdiction
Ireland
Judgment Date
13 July 2015
Procedural Posture
Merger Control / Phase 1 Clearance
Outcome
Cleared
Legal Topics
Merger Control, Acquisition of Control, Retail Sector Competition
Competition Law Corporate Law Merger Control Acquisition of Control Retail Sector Competition

Case Brief

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Parties

Fitzwilliam Finance Partners Limited

Acquirer

Wittington Investments, Limited

Acquirer

Arnotts Holdings Limited

Target

Competition and Consumer Protection Commission

Regulator

Procedural Posture

Merger Control / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition of control of Arnotts by Fitzwilliam and Wittington would substantially lessen competition in the relevant market

Ratio Decidendi

The Commission determined that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State and therefore cleared the transaction.

Court Disposition

Cleared

Orders

  • The proposed acquisition by Fitzwilliam and Wittington of control of Arnotts is cleared under Irish merger control law.