M/17/007 - Petrogas (Applegreen) / certain assets of Excol & J McCormack [2017] IECompA m17007 (16 March 2017)

M/17/007 - Petrogas (Applegreen) / certain assets of Excol & J McCormack [2017] IECompA m17007 (16 March 2017)

The Commission found that the proposed acquisition would not substantially lessen competition in the relevant markets and therefore cleared the transaction.

Parties
Acquirer: Petrogas Group Limited; Parent Company of Acquirer: Applegreen plc; Seller: Excol Limited; Seller: J McCormack
Jurisdiction
Ireland
Judgment Date
16 March 2017
Procedural Posture
Merger Control / Phase 1 Clearance
Outcome
Cleared
Legal Topics
Merger Control, Retail Fuel Sales, Forecourt Convenience Retailing

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Parties

Petrogas Group Limited

Acquirer

Applegreen plc

Parent Company of Acquirer

Excol Limited

Seller

J McCormack

Seller

Procedural Posture

Merger Control / Phase 1 Clearance

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

Ratio Decidendi

The Commission found that the proposed acquisition would not substantially lessen competition in the relevant markets and therefore cleared the transaction.

Court Disposition

Cleared

Orders

  • The proposed acquisition by Applegreen plc, through Petrogas Group Limited, of sole control of certain assets of Excol Limited and J McCormack is cleared.