M/16/051 - SAICA/Ridgmont/Americk [2016] IECompA m16051 (22 November 2016)

M/16/051 - SAICA/Ridgmont/Americk [2016] IECompA m16051 (22 November 2016)

The Competition and Consumer Protection Commission found that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State.

Parties
Acquirer: Sociedad Anonima Industrias Celulosa Aragonesa; Target: Ridgmont Limited; Target: Americk (NI) Limited
Jurisdiction
Ireland
Judgment Date
22 November 2016
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
cleared
Legal Topics
Merger Control, Acquisition Clearance
Competition Law Merger Control Acquisition Clearance

Case Brief

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Parties

Sociedad Anonima Industrias Celulosa Aragonesa

Acquirer

Ridgmont Limited

Target

Americk (NI) Limited

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

Legal Issues

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

Ratio Decidendi

The Competition and Consumer Protection Commission found that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State.

Court Disposition

cleared

Orders

  • The proposed acquisition is cleared under Section 21(2)(a) of the Competition Act 2002 (as amended).