M/20/031 - Caldic/Brand-Nu & BNL [2020] IECompA m20031 (23 November 2020)
The proposed acquisition does not raise competition concerns as Caldic has limited sales and no physical presence in the State, and the transaction will not substantially lessen competition in any market in the State.
- Parties
- Acquirer: Caldic B. V.; Target: Brand-Nu Laboratories, Inc.; Target: BNL Sciences Ltd.
- Jurisdiction
- Ireland
- Judgment Date
- 23 November 2020
- Procedural Posture
- Merger Notification / Phase 1 Clearance
- Outcome
- cleared
- Legal Topics
- Merger Control, Acquisition of Sole Control, Chemical Distribution Sector
Case Brief
Summary, issues, holding and outcome
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Parties
Caldic B. V.
Acquirer
Brand-Nu Laboratories, Inc.
Target
BNL Sciences Ltd.
Target
Procedural Posture
Merger Notification / Phase 1 Clearance
Legal Issues
- 1 Whether the proposed acquisition by Caldic B. V. of sole control of Brand-Nu Laboratories, Inc. and BNL Sciences Ltd. is compatible with competition law in the State.
Ratio Decidendi
The proposed acquisition does not raise competition concerns as Caldic has limited sales and no physical presence in the State, and the transaction will not substantially lessen competition in any market in the State.
Court Disposition
cleared
Orders
- The proposed acquisition by Caldic B. V. of sole control of Brand-Nu Laboratories, Inc. and BNL Sciences Ltd. is cleared.
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