M/018/040 - Novolex (Carlyle) / Waddington [2018] IECompA m18040 (8 June 2018)

The proposed acquisition does not raise competition concerns and is therefore cleared under the relevant competition law provisions.

Parties: Acquirer: Novolex Holdings, LLC.; Ultimate Owner of Acquirer: The Carlyle Group L.P.; Target: The Waddington Group, Inc.
Jurisdiction: Ireland
Judgment Date: 08 June 2018
Procedural Posture: Merger Control / Phase 1 Clearance
Outcome: cleared
Legal Topics: Merger Control, Acquisition Clearance

Case Brief

Summary, issues, holding and outcome

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Novolex Holdings, LLC.

Acquirer

The Carlyle Group L.P.

Ultimate Owner of Acquirer

The Waddington Group, Inc.

Target

Merger Control / Phase 1 Clearance

1 Whether the proposed acquisition would substantially lessen competition in any market for goods or services in the State.

The proposed acquisition does not raise competition concerns and is therefore cleared under the relevant competition law provisions.

cleared

The proposed acquisition by Novolex Holdings, LLC. of The Waddington Group, Inc. is cleared by the Competition and Consumer Protection Commission.