M/18/036 - Enva/Rilta [2018] IECompA m18036 (20 December 2018)

M/18/036 - Enva/Rilta [2018] IECompA m18036 (20 December 2018)

The Competition and Consumer Protection Commission found that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State and therefore cleared the transaction.

Parties
Acquirer: Exponent Private Equity LLP; Target: Richardstown Investments Limited; Target: Grangerath Investments Limited; Target: Noah Investments Limited; Subsidiary of Target: Rilta Environmental Limited
Jurisdiction
Ireland
Judgment Date
20 December 2018
Procedural Posture
Merger Control / Phase 2 Clearance
Outcome
cleared
Legal Topics
Merger Control, Acquisition, Waste Management Sector

Case Brief

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Parties

Exponent Private Equity LLP

Acquirer

Richardstown Investments Limited

Target

Grangerath Investments Limited

Target

Noah Investments Limited

Target

Rilta Environmental Limited

Subsidiary of Target

Procedural Posture

Merger Control / Phase 2 Clearance

  1. 1 Whether the proposed acquisition would substantially lessen competition in the market for hazardous and non-hazardous waste services in Ireland and Northern Ireland.

Ratio Decidendi

The Competition and Consumer Protection Commission found that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State and therefore cleared the transaction.

Court Disposition

cleared

Orders

  • The proposed acquisition by Exponent Private Equity LLP of sole control of Richardstown Investments Limited, Grangerath Investments Limited, Noah Investments Limited, and their subsidiaries including Rilta Environmental Limited is cleared.