M/19/014 - Salero (Carlyle)/ City Bin (Carducci) [2019] IECompA m19014 (9 July 2019)

M/19/014 - Salero (Carlyle)/ City Bin (Carducci) [2019] IECompA m19014 (9 July 2019)

The Competition and Consumer Protection Commission found no competition concerns arising from the proposed acquisition and cleared the transaction in Phase 1.

Parties
Acquirer: CCIF Salero S.À. R. L; Ultimate Controller of Acquirer: The Carlyle Group L. P.; Target: The City Bin Co. Unlimited Company; Ultimate Owner of Target: Carducci Holdings Designated Activity Company
Jurisdiction
Ireland
Judgment Date
09 July 2019
Procedural Posture
Merger Clearance / Phase 1 Decision
Outcome
cleared
Legal Topics
Merger Control, Joint Control Acquisition, Waste Management Sector
Competition Law Merger Control Joint Control Acquisition Waste Management Sector

Case Brief

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Parties

CCIF Salero S.À. R. L

Acquirer

The Carlyle Group L. P.

Ultimate Controller of Acquirer

The City Bin Co. Unlimited Company

Target

Carducci Holdings Designated Activity Company

Ultimate Owner of Target

Procedural Posture

Merger Clearance / Phase 1 Decision

Legal Issues

  1. 1 Whether the proposed acquisition of joint control of Carducci Holdings DAC (The City Bin Co.) by CCIF Salero S.À. R. L (The Carlyle Group L. P.) should be cleared under competition law

Ratio Decidendi

The Competition and Consumer Protection Commission found no competition concerns arising from the proposed acquisition and cleared the transaction in Phase 1.

Court Disposition

cleared

Orders

  • The proposed acquisition of joint control of Carducci Holdings DAC (The City Bin Co.) by CCIF Salero S.À. R. L (The Carlyle Group L. P.) is cleared.