M/18/096 Sisk/Designer Group Engineering/Designer Group FM (JV) [2019] IECompA m18096 (29 January 2019)

M/18/096 Sisk/Designer Group Engineering/Designer Group FM (JV) [2019] IECompA m18096 (29 January 2019)

The Competition and Consumer Protection Commission determined that the proposed acquisition does not raise competition concerns and cleared the transaction under Phase 1.

Parties
Acquirer: Sicon Limited; Acquirer Subsidiary: John Sisk & Son (Holdings) Limited; Acquirer: Designer Group Engineering Contractors Holdings Designated Activity Company; Target: Designer Group FM Limited
Jurisdiction
Ireland
Judgment Date
29 January 2019
Procedural Posture
Merger Clearance / Phase 1 Determination
Outcome
cleared
Legal Topics
Merger Control, Joint Control Acquisition
Competition Law Merger Control Joint Control Acquisition

Case Brief

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Parties

Sicon Limited

Acquirer

John Sisk & Son (Holdings) Limited

Acquirer Subsidiary

Designer Group Engineering Contractors Holdings Designated Activity Company

Acquirer

Designer Group FM Limited

Target

Procedural Posture

Merger Clearance / Phase 1 Determination

Legal Issues

  1. 1 Whether the proposed acquisition of joint control of Designer Group FM Limited by Sicon Limited and Designer Group Engineering Contractors Holdings DAC raises competition concerns

Ratio Decidendi

The Competition and Consumer Protection Commission determined that the proposed acquisition does not raise competition concerns and cleared the transaction under Phase 1.

Court Disposition

cleared

Orders

  • The proposed acquisition of joint control of Designer Group FM Limited by Sicon Limited and Designer Group Engineering Contractors Holdings DAC is cleared.