M/19/001 - Pagani/PCI [2019] IECompA m19001 (19 February 2019)

M/19/001 - Pagani/PCI [2019] IECompA m19001 (19 February 2019)

The Commission found that the proposed acquisition would not substantially lessen competition in any market and therefore cleared the transaction.

Parties
Acquirer: Pagani III Holdings Limited; Target: PCI Limited
Jurisdiction
Ireland
Judgment Date
19 February 2019
Procedural Posture
Merger Control / Decision (phase 1 Clearance)
Outcome
cleared
Legal Topics
Merger Control, Acquisition, Sole Control, Clearance

Case Brief

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Parties

Pagani III Holdings Limited

Acquirer

PCI Limited

Target

Procedural Posture

Merger Control / Decision (phase 1 Clearance)

  1. 1 Whether the proposed acquisition of sole control of PCI Limited by Pagani III Holdings Limited should be cleared under competition law

Ratio Decidendi

The Commission found that the proposed acquisition would not substantially lessen competition in any market and therefore cleared the transaction.

Court Disposition

cleared

Orders

  • Acquisition by Pagani III Holdings Limited of sole control of PCI Limited is cleared under competition law.