M/19/020 - Fane Valley / Smyths [2019] IECompA m19020 (14 August 2019)

M/19/020 - Fane Valley / Smyths [2019] IECompA m19020 (14 August 2019)

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: Fane Valley Cooperative Society Limited; Target: Robert Smyths and Sons (Strabane and Donegal) Limited
Jurisdiction
Ireland
Judgment Date
14 August 2019
Procedural Posture
Merger Control / Phase 1 Clearance
Outcome
Cleared
Legal Topics
Merger Control, Acquisition of Sole Control, Agriculture Sector
Competition Law Merger Control Acquisition of Sole Control Agriculture Sector

Case Brief

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Parties

Fane Valley Cooperative Society Limited

Acquirer

Robert Smyths and Sons (Strabane and Donegal) Limited

Target

Procedural Posture

Merger Control / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition of sole control by Fane Valley over Smyths would substantially lessen competition in any market for goods or services in the State.

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 of sole control of Robert Smyths and Sons (Strabane and Donegal) Limited by Fane Valley Cooperative Society Limited is cleared.