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
Legal Issues
- 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.
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