M/17/019 - Petrogas (Applegreen) / certain assets of PR Reilly [2017] IECompA m17019 (9 May 2017)

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

Parties: Acquirer: Petrogas Group Limited; Parent Company of Acquirer: Applegreen plc; Target: PR Reilly Limited (certain assets)
Jurisdiction: Ireland
Judgment Date: 09 May 2017
Procedural Posture: Merger Control / Phase 1 Clearance
Outcome: Cleared
Legal Topics: Merger Control, Retail Motor Fuel Sector

Competition Law Merger Control Retail Motor Fuel Sector

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Parties

Petrogas Group Limited

Acquirer

Applegreen plc

Parent Company of Acquirer

PR Reilly Limited (certain assets)

Target

Procedural Posture

Merger Control / Phase 1 Clearance

Legal Issues

1 Whether the proposed acquisition would substantially lessen competition in the retail motor fuel and associated forecourt convenience retailing sector

Ratio Decidendi

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

Court Disposition

Cleared

Orders

Acquisition by Petrogas Group Limited of certain assets of PR Reilly Limited is approved without conditions.