M/17/32 - ALD International (Société Générale) / Merrion Fleet Finance & Management [2017] IECompA m1732 (26 June 2017)

M/17/32 - ALD International (Société Générale) / Merrion Fleet Finance & Management [2017] IECompA m1732 (26 June 2017)

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

Parties
Acquirer: ALD International Group Holdings GmbH; Parent Company of Acquirer: Société Générale; Target: Merrion Fleet Finance Limited; Target: Merrion Fleet Management Limited
Jurisdiction
Ireland
Judgment Date
26 June 2017
Procedural Posture
Merger Control / Phase 1 Clearance
Outcome
Cleared
Legal Topics
Merger Control, Vehicle Leasing, Fleet Management
Competition Law Merger Control Vehicle Leasing Fleet Management

Case Brief

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Parties

ALD International Group Holdings GmbH

Acquirer

Société Générale

Parent Company of Acquirer

Merrion Fleet Finance Limited

Target

Merrion Fleet Management Limited

Target

Procedural Posture

Merger Control / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition would substantially lessen competition in the market for vehicle leasing and fleet management services in the State.

Ratio Decidendi

The Commission determined 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 by ALD International Group Holdings GmbH of sole control of Merrion Fleet Finance Limited and Merrion Fleet Management Limited is cleared.