M/17/021 - Applegreen/JFT [2017] IECompA m17021 (30 June 2017)

M/17/021 - Applegreen/JFT [2017] IECompA m17021 (30 June 2017)

The Competition and Consumer Protection 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 subject to agreed measures.

Parties
Acquirer: Applegreen Public Limited Company; Seller: Topaz Investments Limited; Co Owner: Valero Energy (Ireland) Limited
Jurisdiction
Ireland
Judgment Date
30 June 2017
Procedural Posture
Merger Control / Phase 1 Clearance
Outcome
cleared with agreed measures
Legal Topics
Merger Control, Fuel Distribution, Market Concentration

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Parties

Applegreen Public Limited Company

Acquirer

Topaz Investments Limited

Seller

Valero Energy (Ireland) Limited

Co Owner

Procedural Posture

Merger Control / Phase 1 Clearance

  1. 1 Whether the proposed acquisition of a 50% interest in the Joint Fuels Terminal by Applegreen would substantially lessen competition in the relevant market.

Ratio Decidendi

The Competition and Consumer Protection 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 subject to agreed measures.

Court Disposition

cleared with agreed measures

Orders

  • The proposed acquisition by Applegreen of a 50% interest in the Joint Fuels Terminal is cleared subject to agreed measures.