M/19/029 - Masco / BCD Group [2019] IECompA m19029 (20 November 2019)

M/19/029 - Masco / BCD Group [2019] IECompA m19029 (20 November 2019)

The Commission found that the proposed acquisition would not substantially lessen competition and cleared the transaction under Phase 1.

Parties
Acquirer: Masco Group S.r.l.; Target: BCD Group (Bearna A Do Limited and subsidiaries)
Jurisdiction
Ireland
Judgment Date
20 November 2019
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
Cleared
Legal Topics
Merger Control, Acquisition of Sole Control

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Parties

Masco Group S.r.l.

Acquirer

BCD Group (Bearna A Do Limited and subsidiaries)

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

  1. 1 Whether the proposed acquisition of sole control of BCD Group by Masco Group S.r.l. is compatible with competition law

Ratio Decidendi

The Commission found that the proposed acquisition would not substantially lessen competition and cleared the transaction under Phase 1.

Court Disposition

Cleared

Orders

  • Acquisition of sole control of BCD Group by Masco Group S.r.l. is approved