M/20/024 - Bunzl/Abco Kovex [2020] IECompA m20024 (30 September 2020)

M/20/024 - Bunzl/Abco Kovex [2020] IECompA m20024 (30 September 2020)

The Competition and Consumer Protection Commission determined that the proposed acquisition would not substantially lessen competition in the packaging sector and therefore cleared the transaction.

Parties
Acquirer: Bunzl plc; Target: Abco Kovex Limited
Jurisdiction
Ireland
Judgment Date
30 September 2020
Procedural Posture
Merger Clearance / Phase 1
Outcome
cleared
Legal Topics
Merger Control, Acquisition, Market Impact

Case Brief

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Parties

Bunzl plc

Acquirer

Abco Kovex Limited

Target

Procedural Posture

Merger Clearance / Phase 1

  1. 1 Whether the proposed acquisition of sole control of Abco Kovex Limited by Bunzl plc would substantially lessen competition in the relevant market.

Ratio Decidendi

The Competition and Consumer Protection Commission determined that the proposed acquisition would not substantially lessen competition in the packaging sector and therefore cleared the transaction.

Court Disposition

cleared

Orders

  • The proposed acquisition of sole control of Abco Kovex Limited by Bunzl plc is cleared.