M/18/075 - Irving /Tedcastles [2019] IECompA m18075 (7 January 2019)

M/18/075 - Irving /Tedcastles [2019] IECompA m18075 (7 January 2019)

The Commission found that the acquisition by Irving Oil Limited, through Glitterglen Limited, of sole control of Tedcastles Group would not substantially lessen competition in the motor fuel sector in Ireland.

Parties
Acquirer: Glitterglen Limited; Parent Company of Acquirer: Irving Oil Limited; Target: Tedcastles Group
Jurisdiction
Ireland
Judgment Date
07 January 2019
Procedural Posture
Merger Clearance / Decision Issued
Outcome
merger cleared
Legal Topics
Merger Control, Oil Industry, Retail and Wholesale Motor Fuel

Case Brief

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Parties

Glitterglen Limited

Acquirer

Irving Oil Limited

Parent Company of Acquirer

Tedcastles Group

Target

Procedural Posture

Merger Clearance / Decision Issued

  1. 1 Whether the proposed acquisition would substantially lessen competition in the motor fuel sector

Ratio Decidendi

The Commission found that the acquisition by Irving Oil Limited, through Glitterglen Limited, of sole control of Tedcastles Group would not substantially lessen competition in the motor fuel sector in Ireland.

Court Disposition

merger cleared

Orders

  • Acquisition by Glitterglen Limited of sole control of Tedcastles Group is approved